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Easy-to-understand financial fundamentals Strategies to improve profit and cash flow Make your accounting reports more useful How to budget according to business size PROVEN, HANDS-ON GUIDANCE FOR BUILDING SUCCESSFUL AND EFFECTIVE FINANCIAL BUSINESS PRACTICES Using easy-to-understand language, J.K. Lasser’ s Financial Basics for Business Managers nails down the financial basics of business management like no other book. With this comprehensive book as your guide, you’ ll quickly learn how to protect and improve the financial performance and position of your business– regardless of its size. Bestselling financial author John Tracy explains in detail the full range of financial analysis and budgeting techniques used by managers and small business owners in today’ s workplace, including income statements, balance sheets, operating ratios, profitability, cash flow, cost allocations, capital investments, and much more. Filled with valuable tips and strategies, J.K. Lasser’ s Financial Basics for Business Managers gives you the tools you need to manage more efficiently than ever before. Critical coverage will help you: Read financial statements and accounting reports Better analyze and plan profit and cash flow Control costs, cash flow, and financial condition Interpret accounting information Factor in the cost of capital when making capital investments J.K. Lasser– – Practical Guides for All Your Financial Needs Please visit our Web site at www.jklasser.

Amortization (business) - Amortization is the distribution of a single lump-sum cash flow into many smaller cash flow installments, as determined by an amortization schedule. Unlike other repayment models, each repayment installment consists of both principal and interest.

Cash cow - In business, a cash cow is a product or a business unit that generates unusually high profit margins: so high that it is responsible for a large amount of a company's operating profit. This profit far exceeds the amount necessary to maintain the cash cow business, and the excess is used by the business for other purposes.

Business-to-business electronic commerce - Business-to-business electronic commerce (B2B) typically takes the form of automated processes between trading partners and is performed in much higher volumes than business-to-consumer (B2C) applications. For example, a company that makes chicken feed would sell it to a chicken farm, another company, rather than directly to consumers.

Business-to-business - Business-to-business (B2B) describes relations of commercial partners, without serving the end consumer.

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