Financial management
Subtitle: a practical and accessible introduction for students and entrepreneurs
By: John Smeur
Series: Series in business & finance; Series in business & finance
Publisher: Vernon Press
Published: 2014
Place of publication: Wilmington
Language: eng
Number of pages: 392
ISBN-13: 9781622730155
Subjects: Business enterprises; Finance; Accounting; New business enterprises
Description: "This book introduces key concepts and methods in business financial management. It consists of two parts. Part one is structured around start-up investments and key financing decisions facing entrepreneurs during their first year in business. The instruments examined include the investment budget, financing plan, the opening balance sheet, financial planning for profits and liquidity, the closing balance sheet and a complete treatment of ratio analysis.

Part two is about cost prices, budgeting and variance analysis, profit calculation methods and break-even point and, finally, calculations of the returns to alternative investment options. All of these subjects are treated in an accessible, stepwise manner and are accompanied with illuminating examples. The combination of theoretical rigor and simple explanations makes the present volume indispensable for both students and entrepreneurs."--
Notes: Includes index.

Includes index.
Table of contents: title: Start up a business: the investment plan; title: The financial plan at start-up; title: Opening balance sheet at start-up; title: The financial statement or: profit & loss; title: Liquidity; title: The closing balance sheet; title: Ratio analysis of a company; title: Full cost price of a single product; title: Full cost price of mutiple manufactured products and services; title: Budgeting process and analysis of variances; title: Profit calculations and break even point; title: Pre-calculation methods for investment options.