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Exploring the Essential Features of “John Tracy & Tage Tracy – How to Manage Profit and Cash Flow: Mining the Numbers for Gold”
“Finally, a book that provides invaluable hands-on financial and accounting concepts for use by the thousands of frontline business owners and managers battling for survival each and every day. While ‘Wall Street’ gets the headlines, ‘Main Street’ gets the job done.”
-Robert Svet, CEO, President, & Founder, The Eastridge Group of Staffing Companies
“In today’s competitive business environment, decisions must be made in a quick, reliable, and confident manner. This book provides CEOs, business owners, and managers clear, concise, and easy-to-understand business financial management concepts to make these types of value-added business decisions.”
-John Atencio, President & Founder, John Atencio Jewelry
How to Manage Profit and Cash Flow provides streetwise advice and practical strategies for business managers and other professionals who need to make critical business decisions. From methods for analyzing past and future profit and cash flow information to differences between massaging the numbers and cooking the books, short, to-the-point chapters that are visually appealing will help you see through opaque accounting terminology and allow you to gain a firm grip on how to manage profit and cash flow in your business.
Through three comprehensive sections: “Birthing a Business,” “Building a Business,” and “Selling or Burying a Business,” as well as an Accounting and Financial Glossary, How to Manage Profit and Cash Flow discusses key issues, including:
* Investing in assets
* Preventing fraud
* Handling taxes
* Raising capital
* Finding cash for growth
* Terminating a business
Editorial Reviews
From the Back Cover
“Finally, a book that provides invaluable hands-on financial and accounting concepts for use by the thousands of frontline business owners and managers battling for survival each and every day. While ‘Wall StreetÂ’ gets the headlines, ‘Main StreetÂ’ gets the job done.”
–Robert Svet, CEO, President, & Founder, The Eastridge Group of Staffing Companies”In todayÂ’s competitive business environment, decisions must be made in a quick, reliable, and confident manner. This book provides CEOs, business owners, and managers clear, concise, and easy-to-understand business financial management concepts to make these types of value-added business decisions.”
–John Atencio, President & Founder, John Atencio Jewelry
How to Manage Profit and Cash Flow provides streetwise advice and practical strategies for business managers and other professionals who need to make critical business decisions. From methods for analyzing past and future profit and cash flow information to differences between massaging the numbers and cooking the books, short, to-the-point chapters that are visually appealing will help you see through opaque accounting terminology and allow you to gain a firm grip on how to manage profit and cash flow in your business.
Through three comprehensive sections: “Birthing a Business,” “Building a Business,” and “Selling or Burying a Business,” as well as an Accounting and Financial Glossary, How to Manage Profit and Cash Flow discusses key issues, including:
- Investing in assets
- Preventing fraud
- Handling taxes
- Raising capital
- Finding cash for growth
- Terminating a business
About the Author
John A. Tracy is an award-winning Professor Emeritus of Accounting at the University of Colorado at Boulder. He is also the author of How to Read a Financial Report, The Fast Forward MBA in Finance, and Accounting For Dummies, all published by Wiley.Tage C. Tracy is a financial and business consultant. He is a CPA and graduated with honors from the University of Colorado at Boulder.
Product details
Publisher ‏ : ‎ Wiley; 1st edition (August 27, 2004)
Language ‏ : ‎ English
About the authors
John A. Tracy is an award-winning Professor of Accounting, Emeritus, at the University of Colorado at Boulder. His other books include The Fast Forward MBA in Finance, Second Edition, Accounting For Dummies, Fourth Edition, and Accounting Workbook For Dummies, all published by Wiley.
Tage C. Tracy
Tage (pronounced “Tog”, of Scandinavian decent) Tracy has operated a financial consulting service firm during the past twenty (20) years focused on providing executive level accounting, financial, & strategic business planning management support on a project or interim basis. Tage’s extensive knowledge and expertise gained from his consulting work has provided the basic framework and knowledge to co-author four books with his Father, retired professor John A. Tracy, titled How to Read a Financial Report – Enhanced Version (set for release January 2014), Cash Flow for Dummies (released in November of 2011), Small Business Financial Management Kit for Dummies (released in August of 2007) and How to Manage Profit & Cash Flow (released in August of 2004). John A. Tracy has previously authored successful business books including How to Read a Financial Report and Accounting for Dummies.
All of these books have been specifically designed and structured to assist not only accounting and financial types with broadening their understanding but more importantly, to provide content for the vast number of non-accounting/financial types that what to improve their knowledge with this type of subject matter (which is often foreign, confusing, and frustrating to grasp). So whether the message is delivered via one of the aforementioned books, directly by Tage from his consulting firm, or in mass through retaining Tage for seminars, educational events, and/or training requirements, the goal remains the same:
TRANSLATE COMPLEX & CONFUSING ACCOUNTING & FINANCIAL TOPICS into SIMPLE & EASY to USE BUSINESS TOOLS EVERYONE CAN UNDERSTAND!
Tage’s areas of expertise within his consulting firm include mergers & acquisitions ($90 million of closed transactions since mid 2012), capital resource, liquidity, and cash flow management, business valuations, accounting system design/structuring, risk management strategies, financial structure & resources, strategic planning, debt and equity sources, company restructuring and turnaround strategies, litigation support, company termination/liquidations plans, and similar issues.
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