Product Description

Long on practical guidance while refreshingly short on math, Smart Financial Management helps owners and managers of small businesses solve everyday financial dilemmas and avoid potential problems. Readers will learn valuable and practical financial analysis techniques, as well as how to project future financial needs and identify possible sources of funding; manage receivables, inventory and equipment investments; and how to structure and develop the business soundly and legally. In addition, they'll: * Gain an understanding of the financial challenges unique to a growing enterprise -- and how to meet them * Improve communications with financial and legal advisors * Learn to identify new sources of equity and nonequity capital With a field-focused methodology and user-friendly tools, Smart Financial Management will help any small business manage its requirements more effectively.