BOOKKEEPING MANAGEMENT JOURNEY
BY ED WUENSCHE
A revolutionary but simple approach to understanding financial statements and using that knowledge to manage your business successfully. It is a valuable reference tool for anyone starting or running a business, employees, business oriented students, and organization members.
NO ACCOUNTING KNOWLEDGE IS NECESSARY.
Author has over 45 years' experience providing and teaching clients to use financial statements to make management decisions.
The Income Statement and Balance Sheet are essential management tools.
That show the past
Provide the necessary information to solve problems
|Monthly apple sales--------||10,000.00||100.0%||Monthly apple sales||10,000.00||100.0%|
|Cost of apples ---------------||9,000.00||90.0%||Cost of apples||7,000.00||70.0%|
|Gross Profit ------------------||1,000.00||10.0%||Gross Profit||3,000.00||30.0%|
|Net Profit||0||0||Net Profit||2,000.00||20.0%|
This 172 page book goes into detail about how to understand all the above numbers and more, explaining what may have caused the 0 income. You can use that information to make
necessary changes to try to achieve the $2,000.00 profit projected. All this does not require accounting experience.
As a BONUS, many examples are given of possible pitfalls to avoid when starting and maintaining a successful business. Surprising pitfalls could cause big problems in business operation and even cause it to fail.
Example: Here is a small business owner with limited capital. He sells products or services to a big company for a good profit. He does not realize that he might not get paid for 90 days. If he does not resolve the absence of expected cash, he might not be able to pay his suppliers and labor. It could be a sad ending to a promising start.
BENEFIT from this information NOW by purchasing BOOKKEEPING MANAGEMENT JOURNEY today!
GRAPHIC NUMBERS, GRAPHIC ADDITION, & GRAPHIC MULTIPLICATION
Visual animated addition and practical multiplication.
CREATING AND UNTANGLING FORMULAS
Create formulas to unknot any loop to its base.