Effective Financial Management

The Title "Effective Financial Management " is written by Brian Finch. This book was published in the year 2010. This book has total of pp. 152 (Pages). The publisher of this title is Kogan Page Limited. Effective Financial Management is currently Not Available with us.You can enquire about this book and we will let you know the availability.

Are you confident about managing finances?

Would you like to raise money?

Are you budgeting effectively? Effective Financial Management covers the day-to-day financial concerns of a Business in a practical, common-sense way. It gives advice on :
- raising money for a business
- maintaining investor relationships
- accounting, reporting and communicating effectively with a wide range of stakeholders
- budgeting and forecasting
- managing business costs and cashflow
- successfully assessing projects and buying assets

This indispensable guide shows that financial management comprises more than Accounting and reporting. It is crucial at all stages in the business cycle, whatever the state of your business.

Brian Finch has worked as Director of Business Development for large quoted companies and as Finance Director of a retail and internet bookshop chain, which he co-founded. Also an independent consultant, he has extensive experience of writing and advising on effective business plans.

Introduction

I. THE BUSINESS PLAN :
1. Review your Planning Team
2. Revise your Business Plan
3. Trading Results
4. The Business Strategy in your Business Plan
5. Risks, Contingencies and Scenarios

II. ASSESSING PROJECTS :
1. Discounted Cash Flow

III. OTHER :
1. Evaluation Methods
2. Postscript
3. Business Acquisitions

IV. THE BUDGET PROCESS :
1. What is a Budget and why does a Business Need One?
2. Explicit Assumptions
3. Start with Sales
4. Work up the Costs
5. The Balance Sheet and Cash Flow
6. Reviewing the Budget
7. Wishful Thinking

V. CASH :
1. Manage Cash
2. DEBT Recovery
3. Manage Problem Accounts
4. Cash Forecasting
5. Releasing Cash
6. Invoice Dates

VI. MANAGING COSTS :
1. Cost Reduction
2. Review the Business by Area
3. Focus on the Big Costs First
4. Staff Costs
5. Outsourcing

VII. SUPPLY :
1. Security of Supply
2. Terms of Trade
3. Stock Clearances
4. Credit Ratings

VIII. PROPERTY :
1. Rent
2. Sub-letting
3. Service Charges
4. Business Rates

IX. BUYING :
1. Undervalued Assets
2. Negotiating the Best Deal
3. Buying in a Bankruptcy
4. Buy Second-hand and from the Internet
5. Buying Cooperatives

X. BANKS AND BORROWING :
1. Personal Guarantees
2. Managing your Banking Relationships
3. Refinancing
4. Leasing
5. Other forms of Finance

XI. COMPANY ACCOUNTS :
1. Company Structure
2. Capital Structure and Risk
3. To Audit or not to Audit
4. Accounting Policies
5. Issues of Fraud
6. Going Concern
7. The View when not a Going Concern
8. Surplus Funds

XII. ADMINISTRATION AS A BUSINESS TOOL :
1. Administration Issues
2. Starting Again

XIII. USE ALL THOSE FREE RESOURCES :
1. Discounts and Grants
2. Reclaim Taxes
3. Paying Taxes