Refusing to understand the finances of the business is one of the biggest mistakes entrepreneurs can make. Read a review of the book “Accounting for the Numberphobic: A Survival Guide for Small Business Owners” by Dawn Fotopulus.
Managing Business Finances
Financial health requires a commitment to proven retail business fundamentals, a commitment to operational discipline, and a heightened attention to detail. Learn the core retail fundamentals that drive exceptional cash flow, for retailers of all sizes.
Do you know the bottom line of your business? You don’t have to wait for tax time to look at how much money your business earned. As a business owner, you should already KNOW how much money you made last year, last quarter, or last month?
Learn the 75 financial mistakes that keep women from having the wealth they deserve from the book “Nice Girls Don’t Get Rich” by Lois P. Frankel.
Creating cash flow projections does not have to be difficult. Learn how to create cash flow projections based on basic principles and knowledge about your business.
A survey found that 8 out of every 10 business owners are trying to manage their business without having the financial side of their business under control. That’s a recipe for disaster!
Minding Her Own Business: The Self-Employed Woman’s Essential Guide to Taxes and Financial Records by Jan Zobel is a solid introduction to taxes and recordkeeping for small business owners.
How does the owner of a business see the business profits of his venture at home? For example, does the owner himself also receive a pay check, or is he allowed to simply remove money from the account of the business he owns?