Should you start that new business? What is the break-even revenue number for your struggling business? Do you have enough cash to succeed in your new business? Why is it important to know how to plan and budget for both a new business and an existing business?
These questions, and many more, are answered in this third book in the Success Paths Business Series.
Planning and forecasting are vital tools for any business owner or prospective owner. Clifton's approach to this subject starts with simple plans and builds towards more complex planning and forecasting with detailed examples. Planning does not solve every business problem; but Clifton believes small business owners often overlook these tools. The book includes chapters on break-even analysis, key performance indicators and cash verses accrual accounting. The book is plain spoken and is written for business owners who are not comfortable with many aspects of planning and budgeting, offering real world examples of the benefits for startups and existing businesses.
2 for 1 Bonus.
Five Case Studies.
These case studies reflect the many benefits in planning and how it can help the business owner avoid costly mistakes.