Kanopy (Firm)
Series
Basics of finance volume 2
Language
English
Description
Jay expands his financial enlightenment. The profit and loss account (as described in The basics of finance I: are we making a profit) tells him a lot, but only the balance sheet will reveal to him the overall “financial health” of his company. Jay's friend takes him through the balance sheet explaining the key terms: fixed/current assets, current/long-term liabilities, creditors & debtors. She also shows him how to extract some basic financial...
Series
Basics of finance volume 1
Language
English
Description
How does the established business get finance? Dave Nellist makes the points, illustrated by real-life case studies. SALES REVENUE is, of course, the best finance a business can have, because it's self generated. “Retained profits” can be ploughed back into the business without any of the “strings” attached to loans and shares. But even established businesses have cash flow problems. We look at the role of OVERDRAFTS in helping them through....
Series
Basics of finance volume 1
Language
English
Description
A light-hearted case study offering a clear guide to the financial ideas business people need to grasp. Jay's business, designing websites and CDs, is doing well. But then he meets an old friend who's now an accountant. She gives him some tough lessons on the value of accounting knowledge and takes him through the basics of finance. Just because there's a lot of cash floating around in the business doesn't mean that this money is profit. How much...