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    Finance Your Company: The Dynamic Manager’s Handbook On How To Get And Manage Cash For Growth
    Finance Your Company: The Dynamic Manager’s Handbook On How To Get And Manage Cash For Growth
    Finance Your Company: The Dynamic Manager’s Handbook On How To Get And Manage Cash For Growth
    Ebook45 pages2 hours

    Finance Your Company: The Dynamic Manager’s Handbook On How To Get And Manage Cash For Growth

    By Dave Donelson

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    About this ebook

    Inadequate funding causes most business failures. Good financial management will not only keep your company afloat, but enable it to grow and prosper.

    “Plan For Success” gives you a blueprint for a sound financial plan for your company. It’s more than just numbers—a good business plan will focus your company on the ultimate source of cash—your customers.

    “Where To Find The Money” shows you how to borrow without getting in over your head. Financial leverage can boost your profits as long as you do it wisely.

    “Is Cash King?” explores the cash management experiences of several companies. Learn how to get and manage cash from their mistakes—and successes.

    “Case Study: Serial Acquisitions” follows the ups and downs of a century-old family-owned company as they make both good and bad buying decisions. Their story covers both the pitfalls and profits to be made by growing through acquisition.

    LanguageEnglish
    PublisherDave Donelson
    Release dateJul 17, 2011
    ISBN9781465757111
    Finance Your Company: The Dynamic Manager’s Handbook On How To Get And Manage Cash For Growth
    Author

    Dave Donelson

    Dave Donelson’s world-roving career as a management consultant and journalist has led to writing and photography assignments for dozens of national publications. The Dynamic Manager's Guide series is based on his work with hundreds of business owners and managers as well as his own experiences as a successful entrepreneur. He is also the author of Creative Selling: Boost Your B2B Sales and two novels, Heart Of Diamonds and Hunting Elf.

    Read more from Dave Donelson

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      Book preview

      Finance Your Company - Dave Donelson

      Finance Your Company

      The Dynamic Manager’s Handbook On

      How To Get And Manage Cash For Growth

      by Dave Donelson

      Donelson SDA, Inc.

      Copyright 2011 Dave Donelson

      ISBN: 9781465757111

      Smashwords edition

      A note from the author

      The Dynamic Manager Handbooks are for entrepreneurs, managers, and others who want to succeed in small business by learning more about management techniques, operations, and best practices. Each volume in the collection is devoted to a single topic. The material was extracted from the Dynamic Manager Guides, my series of books based on my experiences as a business journalist, consultant, and entrepreneur.

      Table Of Contents

      Chapter 1 - Plan For Success

      Chapter 2 - Where To Find The Money

      Chapter 3 - Is Cash King?

      Chapter 4 - Case Study: Serial Acquisitions

      About Dave Donelson

      Chapter 1

      Plan For Success

      Don’t just hope for it.

      A business plan is your map to the money. It tells you where you’re going to get it and how much of it you’re going to be able to keep. And just like any map, the more detail the plan has, the easier it makes it to get to your destination.

      Do you need a business plan? Would you hire someone to remodel your kitchen who didn’t have a set of blueprints? I’m sure you wouldn’t think of it. So why run a business without a plan? Unfortunately, it happens all the time, which may be the reason well over 500,000 businesses fail every year.

      Most of the small business owners I deal with really know their craft. They know what materials to use, which vendors offer the best terms, which customer is most likely to complain, and so on. They’re also pretty good business people. They understand controlling expenses, tracking labor and material, and pricing their product to make a profit. They work hard and are justifiably proud of the results.

      Their business plans, though, all too often sound like If I build it, they will come. That may work in the movies, but it stands as much chance for success as a plan to install a tonneau cover that doesn’t include the model number of the truck.

      Why plan?

      If you expect to run a profitable business, you need a business plan for many of the same reasons you need a plan to remodel a house. It helps you focus on the important factors that contribute to success. It helps you make

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