Business Management Daily – Mastering Business Finance

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Business Management Daily – Mastering Business Finance

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In today’s downsizing business world, employees at all levels – and in all departments – need to understand business finance. If you’ve never had to worry about finance before, this array of numbers and terms can be overwhelming. Don’t let a lack of financial knowledge get you embarrassed – or downsized. Mastering Business Finance helps you crunch the numbers like a Wall Street pro.

Mastering Business Finance will answer the most frequently asked questions, like:

* What do you do if your banker won’t grant your company a loan?
* Have gains in volume been worth tying up assets?
* How can you reduce mistakes in allocating capital?
* Are your inventories and your competitors’ out of line?
* What limitations come with a fixed budget?
* How do you use the net present value tool?
* How can a smaller company “team budget”?
* What’s the best way to manage a financial crisis?
* Why can’t you substitute a budget for a cost reduction program?
* How can you continue to receive payments even after you eliminate your credit department?

You’ll also discover how to:

* Analyze financial statements
* Manage fixed assets, inventory and receivables
* Forecast your business’s cash flow for a whole year
* Prepare financial proposals for venture capitalists and banks
* Choose a technique for sales forecasting
* Rate your loan worthiness
* Choose between a variable and fixed budget
* Troubleshoot with ratio analysis
* Reap extra profit from your budget
* Identify and distribute hidden costs
* Coordinate your business plan and budget
* Use zero-based budgeting effectively

With Mastering Business Finance, even the least experienced number cruncher can gain confidence in understanding vital terms and making financial decisions.

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