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Business Finance Basics: Learn What You Need in 2 Hours

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When you start a business, legal issues can seem complex, even scary. This simple guide helps you ask smart questions and get the right advice. Find out what practices will help you keep your legal matters clear and simple! You will learn key concepts and terms, how to choose an attorney, contract essentials, and what you need to protect (such as processes or intellectual property).

Business Finance Basics: Learn What You Need in 2 Hours| Michael F. O'Keefe (Author), Scott L. Girard (Author), Marc A. Price (Author)| Nova Vista

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Table of Contents

Chapter I: Getting Off to a Strong Start
Staging Your Business for Financial Success, True Costs and Key Financial Drivers, Building a Foolproof Budget, Payment Term Basics, Preventing Cash Flow Worries and Woes, Understanding the Credit Industry, Your Credit Report and Scores, Getting Your Financial House in Order, Finding and Working with the Right Accountant, Managing Your Relationship with Your Lender, Tools and Resources, Your Business Plan: An Overview, The Financing Section in Your Business Plan.

Chapter II: Methods of Financing
Acquiring Financing or Funding, Getting Money from the Government, The Risks and Rewards of Borrowing from Family and Friends, Equity vs. Debt Financing, Establishing a Line of Credit, Using Collateral to Your Advantage, “What’s the Lender Looking for?”, How to Behave When Applying for a Loan.

Chapter III: Growing Your Business
Maximizing Your Cash Flow, Getting a Second Round of Funding, Forecasting Your Growth, Just Grow It!, Methods of Growth, Growing Global.

Chapter IV: Avoiding the Roadblocks
The Dilemma of Stagnated Success, Facing Your Financial Fears, “How Much Should You Share with Employees?”, Common Financial Pitfalls, Ten Tax Mistakes to Avoid.

Chapter V: Day-to-Day Financing
Why Cash is King, The True Cost of Money and Opportunity, The Annoying Ambiguity of Business Banking, LIFO vs. FIFO, Trade Show Tips and Tricks, Time Is Money—How to Get More of Both, “What is Your Business Really Worth?”

Appendix: A Detailed View of How to Write a Business Plan

LINK FOR THE BOOK

https://www.amazon.com/Michael-F-OKeefe/dp/9077256407/ref=sr_1_1?dchild=1&keywords=Business+Finance+Basics+y+Scott+L.+Girard%2C+Michael+F.+O%27Keefe%2C+Marc+A.+Price&qid=1592475478&sr=8-1

 

Written by IISCM

Integrated Institute of Supply Chain Management, a unit of Fhyzics Business Consultants Private Limited specialising in supply chain management consulting and education. IISCM trains and certifies SCM professionals in procurement, supply chain management, inventory, and warehousing.

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