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Financial statements hold the key to a company's fiscal health--so learn to read them
In order to gauge a company's health--as well as the competition's--managers must know how to properly read and understand financial statements. "The Business Owner's Guide to Reading and Understanding Financial Statements" will introduce managers and business owners to various types of financial statements and explain why they are important. Serving as a desktop reference, especially for managers without a strong background in finance, this book will discuss the difference between internal and external financial statements and explain how they can be used for financial decision-making in order to avoid common missteps.
Whether you're planning for major capital projects or simply managing the fiscal aspects of your department, this nontechnical, results-driven guide will arm you with the fundamentals to: Understand the budget process and why it is importantManage assets and track inventoryGauge profitabilityMonitor success throughout the year using internal reportingSet prices and make key cost decisions
Financial statements are essential to determining a company's fiscal health. Understand where your company stands so that you can make informed decisions about its future.
This book provides a critical analysis of the current state of knowledge on the relationship between family firms and a wide range of accounting choices, including earnings management, accounting conservatism, and financial and non-financial disclosure. In examining the choices made in family firms, the authors explore and elucidate the relevance of agency, socioemotional wealth, stewardship, and resource-based theories. Readers will also find close consideration of the impacts of a country's culture and societal values on accounting choices. In particular, further evidence is provided on the impact of different cultures on accounting conservatism in family businesses. Finally, avenues for future accounting research on family firms are discussed, highlighting theoretical and empirical challenges. In addition to offering a revealing analysis of the influence of ownership types and cultures on accounting choices within family firms, the book identifies significant practical implications for the management of family firms and policy implications for regulators and standard setters.
Turn your great idea into BIG PROFITS with a powerful, persuasive business plan
With any endeavor, good planning is the key to good results--especially in the launch of a new business or product. "Business Plans That Work" gives you an easy-to-follow template for conceptualizing, writing, focusing, and revising a business plan that converts your business idea into financial profit.
A virtual blueprint for entrepreneurial success, this new edition of the popular entrepreneur's guide provides all the tools you need to communicate the value of your idea to investors and attract key talent, and create a plan you can turn to throughout the entire process of starting and running a business. You'll learn how to: Determine what to include in each plan, why, and for whom Secure the capital you need to get the project off the ground Assess opportunities and risks involved in your project Avoid common pitfalls that cost money, time, and effort
With "Business Plans That Work," you have everything you need to create winning strategies for development, sales, marketing, operations, distribution, and everything else successful ventures are founded on.
In tough economic times and with rising unemployment, people are looking to take the bull by the horns and start their own home-based businesses.... From GPP's enormously successful "How to Start a Home-Based Business "series (more than half a million copies sold!), comes the essential guide to starting up a home-based Bookkeeping business.
Write Well to Sell Big
In the age of e-mail and instant communication, great sales copy is indispensable to closing a deal. But too many sales letters end up in the junk file or the wastebasket. In this new edition of his top-selling book, author Dan Kennedy explains why some sales letters work and most don't. And he shows how to write copy that any business can use.Among other things, he provides:
Kennedy is the most successful, highly paid direct-response copywriter in the country. In this book, he shares his step-by-step formula so everyone can write letters that will nail the sale.
Today's manufacturing organisations in Mexico are increasingly confronting new markets, new competition, and greater customer expectations. Being immersed in this highly competitive environment is considered relevant for manufacturing SMEs to achieve optimal organisational performance, through efficient work processes, and leading the company to accomplish the competitiveness that the market demands. With this process, small and medium-sized enterprises (SMEs) in Mexico face manifold difficulties in reference to the operational efficiency required to stay in the market. While globalisation poses challenges and opportunities for the development of enterprises, SMEs have not found a way to exploit this conjuncture, and they may not be sufficiently competitive with new market requirements. This book, with the incorporation of the theoretical review of the concepts involved, and the empirical study, which shows the relationship between organisational performance and competitiveness from the perspective of resource-based theory, provides greater understanding of this theoretical connection through non-experimental research; of trans-sectional type; and with a correlational/causal approach.
Lessons in applying passion and perseverance from prominent entrepreneurs
In the world of entrepreneurship, your vision solidifies your resolve when things get tough, and it reminds you why you went into business in the first place. Authors, brothers, and serial entrepreneurs, Matthew and Adam Toren have compiled a wealth of valuable information on the passionate and pragmatic realities of starting your own business. They've also gathered insights from some of the world's most successful entrepreneurs. This book delivers the information that both established and budding entrepreneurs need, explains how to implement that information, and validates each lesson with real-world examples.
"Small Business, Big Vision" provides inspiration and practical advice on everything from creating a one-page business plan to setting up an advisory board, and also delivers a call to social entrepreneurship and sustainable business practices. This powerful book: Offers instruction in whether and how to seek investorsOutlines the pros and cons of hiring employees and provides guidance on how to find the best outsourced workersPresents a comprehensive action plan for effective social media marketingExplains how to build an information empire and become an expert
"Small Business, Big Vision" proves that with a flexible mindset, practical skills, and the passion to keep pushing forward, entrepreneurs can find success, even in today's ever-changing business landscape.
An updated third edition of the most comprehensive guide to small business success
Whether you're a novice entrepreneur or a seasoned pro, "The Small Business Bible" offers you everything you need to know to build and grow your dream business. It shows you what really works (and what doesn't ) and includes scores of tips, insider information, stories, and proven secrets of success. Even if you've run your own business for years, this handy guide keeps you up to date on the latest business and tech trends. This "Third Edition" includes entirely new chapters devoted to social media, mobility and apps, and new trends in online discounting and group buying that are vital to small business owners everywhere.
New chapters include: How to use Facebook, Twitter, and other social media tools to engage customers and potential stakeholdersHow to generate leads and win strategic partnerships with LinkedInHow to employ videos and YouTube to further your brandWhat you need to know about Groupon and group discount buyingWhat mobile marketing can do for your business
Give your small business its best shot by understanding the best and latest small business strategies, especially in this transformative and volatile period. "The Small Business Bible" offers every bit of information you'll need to know to succeed.
Discover Your Next Breakthrough Idea Every company starts with one idea-that one passion that keeps you up at night, gets you up every morning, and drives you to create something bigger than yourself. Turning an idea into a thriving business requires more than just passion. You'll need to think big, take risks, and be able to step back and recognize game-changing ideas that may already be in front of you. Those are your aha! moments. Business growth expert and serial entrepreneur Scott Duffy shares his journey and the aha! moments that led to launching and selling new businesses to innovators like Richard Branson's Virgin Group. Duffy also shares the stories of entrepreneurs who have turned their ideas into multi-million-dollar businesses, like Shaun White, Tony Robbins, Daymond John, and Gary Vaynerchuck, to help you: Be a nimble leader who makes quick buy smart decisions Unlock hidden gems in your business with the power of finding your "Why?" Apply growth strategies designed to scale your business in today's economy Build a positive company culture by bringing in the right people Determine which next step is right for your business after launch Create sustainability with efficient, effective processes Learn from your mistakes and turn failures into fortunes
A revised and updated edition of Craft a Creative Business, this is a must-read guide for anyone wanting to turn their hobby, craft or art skills into a successful business. Fiona Pullen, owner of The Sewing Directory, covers every aspect of setting up a small creative business clearly and simply; giving advice on the importance of identifying markets, focusing on a USP (unique selling point), assessing the competition, making sure the price is right and setting goals. Also included are sections on product photography and videography, branding and legal matters. Particular emphasis is placed on online selling, with detailed information on markets, blogging, using social media and the importance of analytics and SEO (search engine optimisation). Information on offline selling is included too, with notes on selling at craft fairs, trade fairs and markets, selling through retail outlets, running courses and workshops, and featuring work in the media. Every chapter is supported by practical activities to help you apply the lessons to your business, along with insights and advice from dozens of successful business professionals including Debbie Shore, Torie Jayne and Laura Strutt.
This professional guide presents an extensive overview of the German family enterprise landscape, with a special focus on its structure and diversity. Drawing on several scientific studies conducted by the authors, its goal is to provide a detailed assessment of the development of German family enterprises. Analyzing data from over 500 family firms, it offers a valuable reference guide for market research and academic research on family-owned enterprises. A unique factor: the authors' revealing insights into the decline of family firms.
Keeping track of the finances is fundamental to the success of every business, but tackling the task yourself can be intimidating. Help is at hand, however, with this complete guide to small business money management. Packed with expert advice on all aspects of business finance, including basic bookkeeping and accounting, monitoring profit and performance, managing payroll, tackling tax, and forecasting for growth, Small Business Finance All-in-One For Dummies helps you to take control of your finances, stay on top of the paperwork, and keep the cash flowing.
Businesses are quickly integrating new telecom services into their business plans. Broadband connects entrepreneurs to millions to distant customers, facilitates telecommuting, and increases productivity in many ways. Much of our economic growth is attributable to productivity increases arising from telecommunications advances. This book presents the edited text of a U.S. Senate hearing devoted to this subject.
Make the business of society "your" business
No one knows the business of social entrepreneurship better than Rupert Scofield. Cofounder and president of FINCA International--a nonprofit microfinancing institution with 7,000 employees serving 750,000 customers in 21 countries--Scofield has been a social entrepreneur for 40 years.
In "The Social Entrepreneur's Handbook," Scofield leads you through the entire process of starting up and running a nonprofit, sharing personal success stories and advice on what not to do--valuable lessons he learned the hard way. The process, while risky, isn't as difficult as you might think. Practically speaking, you need only two things: an idea and a plan. The former comes from you and you alone. This book supplies the latter.
"The Social Entrepreneur's Handbook" illuminates the path to building a successful nonprofit from the ground up. You'll learn how to: Create a realistic plan for getting started in your chosen cause Assemble the perfect team for putting your plan into action--and keeping it rolling in the right direction Develop a business model specifically designed to run a nonprofit organization Keep yourself, your staff, and your cause in solid financial shape
One of the many beauties of social entrepreneurship is that it's never too late to start. You can be right out of school or working in the highest ranks of corporate America. It doesn't matter. Social entrepreneurship begins with a noble cause, which turns into a passion, and soon becomes a mission worth dedicating your life to.
"The Social Entrepreneur's Handbook" is the one and only resource you will need to attain your dream of working full-time in service to others--and making a real, measurable difference in the world.
The small business marketing experts at Demandforce help owners kick off their online strategy
Small business owners are exceptional at delivering on their product or service. Many, however, don't know where to start when it comes to online marketing. "The Small Business Online Marketing Handbook" will show you how to effectively leverage email, social, online, and network marketing to get new customers and keep existing customers coming back. Author Annie Tsai shows you how to refocus just a small percentage of an offline marketing budget and create exponential return for your business.Author Annie Tsai is a popular blogger and Chief Customer Officer for Demandforce, an automated Internet marketing and communication company specializing in small- to medium-sized businesses, recently acquired by IntuitFeatures spot interviews and "do this now" advice from resident experts at Demandforce, including the founders
With the proliferation of social media and the consumer voice on the web, small business owners need to take a deliberate approach to leveraging this new marketing channel to effectively convert online conversations into offline sales. "The Small Business Online Marketing Handbook" shows you how.
Start-up Marketing Strategies in India analyses real-life marketing challenges faced by Indian start-ups from across the marketing mix of Product, Price, Place & Promotion. Eleven original case studies discuss the experiences of successful Indian entrepreneurs across a wide variety of sectors, including Health Tech, Fintech, media and entertainment, and Fast-Moving Consumer Goods (FMCG). Each case investigates the dilemmas faced by Indian start-ups on issues in their marketing mix and presents guidance on practical ways to resolve them through fine-tuning the marketing strategy. A special focus is placed on the views and actions of the start-up founder(s) or CEO dealing with the dilemma, to highlight their innovative solutions. The book is a highly informative guide for entrepreneurs, marketing scholars and practitioners who wish to explore the marketing challenges that new companies face and find new ways to overcome them.
Locally grown produce and specialty farm products are finding eager
new customers every season. Farmers' markets sprout up every
spring, luring tourists and locals with pasture-raised meats,
organic vegetables and fruit, artisanal cheeses, and a seemingly
endless assortment of baked goods, handmade condiments, and craft
items. Restaurants and grocery stores feature products from
regional farms with pride. And direct-to-consumer marketing and
selling is a reality for every farmer with an Internet
This publication should be of special interest to all people working on programmes related to small enterprise development, including representatives of business associations, financial institutuions, universities, business schools, research organisaitons, donors and national and regional development agencies, as well as to private consultants providing services in this field.;The publication starts with a general introduction to the role of Business Development Services and the principles of good practice in this field and this is followed by chapters dealing with such subjects as: voucher programmes for training, the use of matching grants and the review of the constancy and training market in Argentina. The book includes descriptions of a variety of case studies from Bolivia, Brazil, Chile, Ecuador, Nicaragua, Peru and some covering general experiences in the region and in various parts of the continent. This section reviews experience in the provision of services in marketing, technology, information, and the setting up and operation of Business Centres. Chapters are included on the process of networks through the clustering of small enterprises in various countries.;The final section deals specifically with the role of the public sector in the establishment and operation of business development services. A contribution from Chile defines the appropriate role for the State and covers experiences in the role of business services in local economic development. There are further papers on private/public partnerships in the provision of services for small enterprises in Brazil and Argentina. The book sets out various approaches to the provision of Business Development Services and the re-thinking of the role of the private sector, based on initiatives and experience in the Latin American region. The approaches are based on the realization of the objectives of cost-effective support services which are sustainable, have wide outreach and can have the optimum impact on the beneficiary enterprises and the local business environment.
Fraser Doherty's 48-Hour Start-Up is your handy and essential cheat sheet to starting your own business giving the key steps for developing an idea and getting it to market quickly. Almost everyone dreams of starting their own business but very few do. But what if it only had to be a decision of a weekend and it didn't cost a fortune? In 48-Hour Start-Up, Fraser Doherty uses his experience building a multi-million-dollar company to attempt an experiment; starting with a blank piece of paper, he sets out to start a profitable new business over a weekend, without relying on any technical ability whatsoever. He succeeds and you can, too. By following his journey, in which Fraser shares all of his lessons and mistakes, he will explain all of the shortcuts and online tools that make it possible to: * Come up with a business idea without the guesswork * Create a kick-ass brand, website and on-line marketing campaign * Promote your product 48-Hour Start-Up pioneers the idea of a microbusiness, a creative outlet, income stream and business you can run in your spare time at the weekends without having to quit the day job. This book is perfect for * Young entrepreneurs * Students learning about start-ups * Established entrepreneurs looking for shortcuts * Teams within corporates who want to create a more innovative and competitive environment
The Small Business Administration's (SBA's) Small Business Investment Company (SBIC) Program is designed to enhance small business access to venture capital by stimulating and supplementing "the flow or private equity capital and long term loan funds which small business concerns need for the sound financing of their business operations and for their growth, expansion, and modernisation, and which are not available in adequate supply". Facilitating the flow of capital to small businesses to stimulate the national economy was, and remains, the SBIC program's primary objective. This book examines small business administration investment and loan programs with a focus on the SBIC; SBA New Markets Venture Capital program; Small Business Administration 7(a) Loan Guaranty Program; the Small Business Administration 504/CDC Loan Guaranty Program; and the microloan program.
"From estimating start-up costs and finding clients to how to stay profitable even in slow economic climates, this book takes you through every aspect of setting up and running a thriving home-based professional organizing business. Look for useful charts and worksheets including start-up costs checklist, client intake form, assessment visit/working agreement, sample invoice, and marketing plan worksheet." -- back cover
Baby boomers, who were born between 1946 and 1964, are entering their retirement years. Since rates of self-employment rise with age, a disproportionate share of the self-employed is composed of middle aged or older workers. Some of these workers have been self-employed for much or all of their working lives while others have transitioned to self-employment later in their careers, often as a way of moving into retirement. Future predictions of baby boomers as a key catalyst for small business growth in the next decade and beyond have tended to neglect an important trend. The self-employment rate among those nearing retirement (defined as individuals aged 55-64) has dropped substantially in the past 20 years. This book addresses questions about this decline, and discusses the self-employment transitions among the older American workers with career jobs.
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