Taking the Fear out of Finance

 

Finance refers to all aspects of money acquisition and management so organized as to contribute to short- and long-term profit by assuring that it and other aspects of operations (marketing, administration and people) are efficient, effective and economical. Classically, finance includes:

1.Tracking and reporting of earnings (sales and other revenue), financing (acquiring capital and other resources) , investing (maximizing financial resources), and administration (bookkeeping, accounting and the preparation of statements so management can act and react is a timely fashion).

2. Tax preparation and administration of other government requirements.
 
 3. Advising on compensation, benefits and bonuses to keep employee turnover to a reasonable level.

4. Negotiating wiih suppliers, financiers and owners in the company’s interest.

5. Keeping current with the company’s economic and market environments.

Business Buffet features five programs to help you understand quickly and easily: “How to read Financial Statements”, “Bookkeeping”, “Cash Flow Forecast”, “Financial Forecast”, and “Financial Analysis”.

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