Private Business Owner's Accounting and Financial Management Handbook

Author: Chen Yaguang
Publisher:
Publish Date: 2006-01-01
Features: As the saying goes, "Starting a business is easy, but maintaining it is difficult." Establishing a business requires only two conditions: sufficient capital and a good investment project. However, for most private business owners, maintaining the business is relatively challenging. Having enough capital and a good project does not necessarily guarantee profits. Knowledge is the source of wealth. In addition to having sufficient capital and a good investment project, private business owners should also possess various abilities in operating and managing businesses, among which, the most important are accounting analysis and financial management skills. There are two "magic weapons" for managing a business—accounting and financial management. Accounting provides private business owners with efficient accounting information, while financial management helps them make correct operational, financing, and investment decisions. As the "owner" and "intellectual" of a private business, if private business owners fail to utilize these two magic weapons, it will inevitably lead to the failure of the business and its eventual elimination by the market. To meet the demands of a broad readership, the authors have conducted careful research on the issues commonly concerned and most troubling to private business owners. They have finally compiled this comprehensive handbook that combines theory and practice to enhance financial and accounting skills. This revision retains the features of the previous edition—comprehensive knowledge, strong practicality, and easy-to-understand language—while the authors have meticulously designed it to provide a set of operational solutions for private business owners to address issues such as business accounting and financial management. It is hoped that this book will bring help to a wide range of private business owners, encouraging more of them to pay attention to the accounting and financial management of their businesses. At the same time, it is also hoped that more and better books on accounting and financial management for private business owners will be published.