With its practical approach and the authority of the Teach Yourself brand, this easy to read book has everything the non-financial entrepreneur, business owner or manager needs to get to grips with the essential art of cash flow management.
Is this the right book for me?
Do you have responsibility for managing cash flow in a small to medium enterprise or as a manager in a larger organisation, but have limited financial experience? Do you worry that lack of attention to this crucial aspect of financial management could lead to disaster for your business?
Improve your Cash Flow, written by two leading financial experts, will help employers, managers and consultants to understand more about how to manage cash flow and how it can impact on your business. Whether you are working at home, a growing business or a non-financial manager this book will guide you easily through all the issues, providing practical advice on why cash is king, including why businesses go bust; why profit is not cash, how to deal with creditors and debtors; using supplier credit as a source of finance; debtors and cash collection; financial planning and sources of funding; the pros and cons of debt finance, using your bank effectively and much more.
Improve your Cash Flow includes:
Chapter 1: Why 'cash is king'?
Chapter 2: Profit and cash flow
Chapter 3: The impact of the business model
Chapter 4: Key decisions and start-up time
Chapter 5: Cash flow planning
Chapter 6: Sources of funding
Chapter 7: Controlling capital expenditure
Chapter 8: Debtors and cash collection
Chapter 9: Managing stock levels
Chapter 10: Using supplier credit as a source of finance
Chapter 11: Alternative routes to financing
Chapter 12: Formats for cash flow reporting
Chapter 13: Recruting financial expertise
Chapter 14: Using your bank effectively
Chapter 15: 'Cash is king'
Learn effortlessly with a new easy-to-read page design and added features:
Not got much time?
One, five and ten-minute introductions to key principles to get you started.
Lots of instant help with common problems and quick tips for success, based on the authors' many years of experience.
Tests in the book and online to keep track of your progress.
Extend your knowledge
Extra online articles to give you a richer understanding of setting up your own small business.
Five things to remember
Quick refreshers to help you remember the key facts.
Innovative exercises illustrate what you've learnt and how to use it.
Robert McCallion and Alan Warner are Managing Director and Founding Partner respectively of MTP plc, which provides blended learning globally in the topics of Finance, Marketing and Business Management for major companies including Rolls Royce, Barclays Bank, ICI and BP.