How to Organize Company Finances: A Practical Guide for Small and Medium Businesses

Without understanding real financial metrics, stable management and development of a business is impossible. Large companies know this. Their finances are well-established and automated, and financial indicators are used by managers like a dashboard in aircraft management. In small and... medium businesses, leaders most often operate "by instincts" rather than by actual metrics, which causes considerable damage to the business.

Snezhana Manko, a corporate finance consultant, has adapted experience from working with large companies and knowledge in international finance to the tasks of Russian small businesses. In the second edition, the author pays special attention to the topic of the company's business model as a source of lost profit, as well as the topic of personal finances of entrepreneurs and top management. Additionally, material on financial management in conditions of crises and instability, on choosing software for financial automation has been added, and examples and cases have been expanded and updated. The book will help to understand financial reporting, managerial accounting, and financial planning.