Accounting for the Numberphobic: A Survival Guide for Small Business Owners

as a small-business owner, financial statements are your most important tools - and if you dont know how to read them and understand their implications, you cannotpossibly steer your business successfully. Accounting for the Numberphobic demystifies your companys financial dashboard: the Net Income Statement, Cash Flow Statement, and Balance Sheet. The book explains in plain English how each measurement reflects the overall health of your business - and impacts your decisions. You willdiscover:

• How your Net Income Statement is the key to growing your profits
• How to identify the break-even point that means your business is self-sustaining
• Real-world advice on measuring and increasing cash flow
• What the Balance Sheet reveals about your companys worth

Illustrated with case studies and packed with practical action steps, this indispensable guide will put your business on the path to profitability in no time.