• Entrepreneurship

      Practical Financial Management for Entrepreneurs

      An Instant Guide

      by Guy Rigby

      This eBook is about practical financial management for entrepreneurs.The author of this instant guide from Harriman House, Guy Rigby, has also written From Vision to Exit, which is a complete entrepreneurs' guide to setting up, running and passing on or selling a business.

    • Budgeting & financial management

      The Mbo Guide for Management Teams

      by Andy Nash

      This book is aimed at prospective and existing managers of a Management Buy-Out or Management Buy-In. MBO / MBIs are inherently risky with failure rate being relatively high. This book can increase your chances of success, by describing some common elephant traps, bad practices and risks, and how best to avoid them.Management Buy-Outs and Management Buy-Ins are a hi-octane part of the business world. It is a high risk: high reward arena. Metaphorically an MBO/MBI is like fitting an 8 litre V12 engine into an aged VW Beetle and expecting it to perform much better than before, or as someone more colourfully put it: "a venture capitalist would expect that if you made love nine times in a night, the baby will arrive in 4 weeks".Since 1991 I have experienced 8 such deals. They vary greatly: staggering success to the verge of financial oblivion - and fortunately back again. The deals have ranged across very different markets; from the highfalutin world of global drug discovery in mythical Tintagel to heavy metal bashing (Dustcarts) in the West Midlands. The deals have been backed by many different Venture Capitalists and financed by UK and international banks.I have carried out a variety of roles across these deals: Chairman, Executive Director, Non-Executive director and as a personal Coach to a Managing Director. I have been very fortunate to have seen many MBO / MBIs through the prism of management since 1991. I have also attempted to make, what can be a serious and turgid subject easy-reading and on occasions perhapsalmost entertaining!

    • Entrepreneurship

      Finance for Small Business

      A Straight-talking Guide to Finance and Accounting

      by Emily Coltman

      "I'd never manage the business side of it. The income tax and the bills and the VAT... I can't even add two and two."Is fear of the money side of running a business holding you back? Would you love to turn your passion into a small business, but are frightened of getting on the wrong side of the taxman? Do you run a small business and find it's a desperate struggle to keep all your paperwork in the right place, never mind work out how much tax you should pay each year?In this friendly, informative ebook, bilingual qualified accountant Emily Coltman guides you through what you need to know on the finance and accounting side when you're setting up and running a small business.Bi-lingual? Emily speaks plain English as well as accountants jargon! She has many years experience of helping small business owners with their finance and accounting, and this ebook is written for anyone running a small business for whom double entry might as well be double Dutch!This ebook explains the different ways a business can be set up and structured legally and what the advantages and disadvantages of each kind of structure are, including the different taxes that each has to pay, and when those taxes have to be paid.It looks at where you might find the money to start or grow your business, and why you might choose the different sources.There are suggestions for how to organise your paperwork and advice on what records you need to keep and for how long.You'll hear how to keep on the right side of the taxman, what expenses you can and can't claim tax relief on, and how to claim tax relief when you buy equipment for your business - and what 'tax relief'' actually is!How do you work out whether your business has made a profit, and why do you need to know that? Do you have enough cash coming in to pay your bills? Where will that cash come from? Do you need to be registered for VAT? Will that help your business or just cause more administrative hassles? Could you even save money by being registered for VAT? When, if ever, should you hire an accountant or bookkeeper? What can a good accountant do for you? What should you look for and what should you avoid when you're choosing your accountant? And where would you like to take your business for the future? Where will the cash come from to help you meet your dreams for your business, whether that's moving into new offices, employing your first team member, start selling your product overseas, or keep going as you are?All those questions and more are answered in this easy-to-read bitesize guide to finance and accounting for small businesses.

    • Entrepreneurship
      February 2012

      Finance for Small Business

      A Straight-talking Guide to Finance and Accounting

      by Emily Coltman

      Is fear of the money side of running a business holding you back? Would you love to turn your passion into a small business, but are frightened of getting on the wrong side of the taxman? Do you run a small business and find it's a desperate struggle to keep all your paperwork in the right place, never mind work out how much tax you should pay each year?In this friendly, informative book, bilingual qualified accountant Emily Coltman guides you through what you need to know on the finance and accounting side when you're setting up and running a small business.Emily speaks plain English as well as accountants jargon! She has many years experience of helping small business owners with their finance and accounting, and this book is written for anyone running a small business for whom double entry might as well be double Dutch!This book explains the different ways a business can be set up and structured legally and what the advantages and disadvantages of each kind of structure are, including the different taxes that each has to pay, and when those taxes have to be paid.It looks at where you might find the money to start or grow your business, and why you might choose the different sources.There are suggestions for how to organise your paperwork and advice on what records you need to keep and for how long.You''l hear how to keep on the right side of the taxman, what expenses you can and can't claim tax relief on, and how to claim tax relief when you buy equipment for your business - and what 'tax relief' actually is!This easy-to-read bitesize guide answers all the tax and accounting questions you have - and those you haven't thought of yet.

    • Accounting

      Company Valuation Under IFRS

      Interpreting and Forecasting Accounts Using International Financial Reporting Standards

      by Kenneth Lee

      International Financial Reporting Standards (IFRS) are now mandatory in Europe and are being adopted by other countries, including Australia. Items that have not been recorded before, or that were hidden away in the accounts, are much more visible under IFRS and will need to be carefully interpreted by investors and analysts.Written by practitioners for practitioners, the book addresses valuation from the viewpoint of the analyst, the investor and the corporate acquirer. It starts with valuation theory: what is to be discounted and at what discount rate? It explains the connection between standard methodologies based on free cash flow and on return on capital. And it emphasizes that, whichever method is used, accurate interpretation of accounting information is critical to the production of sensible valuations. The authors argue that forecasts of cash flows imply views on profits and balance sheets, and that non-cash items contain useful information about future cash flows - so profits matter.The book then addresses the implications for analysis and valuation of the key IFRS changes including:- Pensions- Stock options- Derivatives- Provisions- LeasesIt also explains the key differences between IFRS and US GAAP treatments of these issues, and their implications for analysis.A detailed case study is used to provide a step by step valuation of an industrial company using both free cash flow and economic profit methodologies. The authors then address a range of common valuation problems, including cyclical or immature companies, as well as the specialist accounting and modelling knowledge required for regulated utilities, resource extraction companies, banks and insurance companies. Accounting for mergers and disposals is first explained and then illustrated with a detailed potential acquisition using real companies.

    • Entrepreneurship

      Selling Your Technology Company for Maximum Value

      A Comprehensive Guide for Entrepreneurs

      by Rupert Cook

      Most technology entrepreneurs start companies and spend years of their lives building them with the goal of generating significant wealth through a successful sale. For many, the sale of their company is a one-off event for which they have little or no experience, but whose outcome can make the difference between true financial security and years of frustration and regret.This book gives honest, practical advice for executives and shareholders of technology businesses on how to prepare their businesses and how to manage and optimise the sale process through to a successful completion for maximum value.The author draws on his direct experience from a 20-year career in technology and corporate finance, but also on the experience of others in the industry - notably, corporate finance advisers and lawyers, corporate development professionals working at some of the most acquisitive large technology companies and entrepreneurs who have sold their businesses.After every second chapter, there is a case study of a technology company that has been successfully sold, written from interviews with the key individuals involved. These give real-life experiences from diverse businesses, ranging from a pre-revenue company sold when its product was still in beta to a $100m revenue company sold in its fourteenth year.This is a practical guide that can be followed and consulted to give insight into every part of the sale process and to learn from others who have gone through it many times.

    • Takeovers, mergers & buy-outs

      The Mbo Guide for Management Teams

      Real-life Lessons from 20 Years in the Front Line of Private Equity

      by Andy Nash

      This book offers an exclusive and remarkably candid look at management buyouts and buy-ins from a man who has had an intimate role in 11 such deals since 1991. Acting in a variety of positions - chairman, executive director, non-executive director, personal coach to a managing director - Andy Nash has seen it all, and in this completely updated second edition again makes a serious and potentially turgid subject both easy-reading and unexpectedly entertaining.MBOs/MBIs are inherently risky, with failure rates being relatively high. This guide is aimed at prospective and existing managers of such a deal. By detailing all the intricacies and blind spots involved, it aims to increase their chances of success. It looks at how best to establish and accomplish your aims; as well as at elephant traps, bad practices and risks, and how to avoid them.The deals featured vary greatly: from staggering success to the verge of financial oblivion - and fortunately back again. They range across very different markets: from the world of global drug discovery in mythical Tintagel to heavy metal bashing (dustcarts) in the West Midlands. They have been backed by many different venture capitalists and financed by UK and international banks.Management buyouts and buy-ins are a high-octane part of the business world. It is a high risk: high reward arena. Metaphorically an MBO/MBI is like fitting an eight-litre V12 engine into an aged VW Beetle and expecting it to perform much better than before, or as someone once colourfully put: "a venture capitalist would expect that if you made love nine times in a night, the baby would arrive in four weeks".With the demands - and the potential rewards - so high, you can't afford to be without this authoritative guide.

    • Entrepreneurship
      April 2012

      Micro Multinationals

      A Guide to International Finance for Small Businesses

      by Emily Coltman

      A plain English guide to international finance for small UK-based businesses, this book is essential if you're considering exports.The world is shrinking. If your business has a website, or if you're using Twitter or are on LinkedIn, then you and your business can be seen by people right across the world, and lots of them might be your potential customers.There are lots of exciting opportunities out there. But there is always a catch. Keeping on the right side of the taxman can be time-consuming enough if you run a small business and don't sell or buy anything outside the UK. When you look outside our borders, there are even more tax traps waiting for the unwary small business owner.What should you do to make sure you don't fall foul of not only HM Revenue and Customs, but also the tax authorities in the countries where you're buying and selling your wares?What would it mean for tax if you're travelling overseas yourself to carry out a project for a customer, or if you want to be based in the UK and sell goods or services to customers abroad, or if you want to set up a satellite business outside the UK? How should you deal with selling to customers, and buying from suppliers, in foreign currencies?You may well want to keep your business small, but what if you want to have a local staff member or agent abroad? What are the pitfalls? And are there any grants or help available for small businesses who want to look beyond the UK's shores for customers?Emily Coltman answers all these questions and more in this brand new book.Packed with useful guidance and case studies from UK small business owners who have either spent time working abroad or who are based in the UK but still trade with the world, this book is a must-read for any small business owner who would like to take their business global but is worried about what this would mean for tax.

    • Budgeting & financial management

      The Ebay Book

      Essential Tips for Buying and Selling On Ebay.co.uk

      by David. Belbin

    • Business & management
      September 2017

      Competing on Talent in Today's Business World

      A Blueprint for New Ways of Hiring

      by Author(s): Pradeep Sahay

      It is currently an exciting time for organizations with regard to the recruitment of talent. The business and organizational pressures for finding and hiring the best people could not be greater. Recruitment has not changed as a process – a vacancy still needs a suitable hire. However, the landscape, tools, technologies, behaviors and expectations regarding how an organization approaches sourcing and acquiring talent are changing rapidly. This book chronicles one organization’s journey as it goes about re-orienting the focus of its talent acquisition capability from the current reactive process to a strategic and proactive program capable of consistently sourcing and recruiting the very best people available. Forward-looking companies are seizing this opportunity to create a true competitive advantage in talent sourcing and acquisition. They are focusing on fine-tuning the fundamentals, while devoting increased time and planning to the more strategic areas of talent acquisition, including workforce planning and strategic sourcing. Their best-in-class approaches elevate recruitment from a transactional, short-term focused activity to a strategic, integrated, long-term approach that optimizes their investments in people.This book articulates both the challenges and the response options that confront organizations as they compete for talent in this fast-changing business climate. The initial sections here provide a macro view on the changing work landscape and how recent trends and developments around technology and innovation are impacting the discipline of Talent Acquisition. The book is designed as a running case study profiling the best practices in recruiting. Drawing on both primary and secondary research, it adapts and learns from the best practices of high-impact business functions, such as a lean supply chain, analytics, process re-engineering, sales and marketing, and discusses the leading academics and practitioners in this regard. As such, this book will elevate awareness and discourse on the topic, and will help concretize a roadmap for organizations looking to revisit and re-invent their talent acquisition philosophies and practices as they compete for talent in today’s world.

    • Management accounting & bookkeeping
      January 2013

      Credit and Collections

      A Business Perspective

      by Author(s): Michelle Dunn

      The credit crisis, high fuel costs, job losses, bankruptcies, foreclosures and the failing economy are all contributing to factories closing, job loss and business owners going out of business because they can’t get paid. Learn how to take specific steps and use positive action to streamline and maximize your credit management policies.This book, Credit and Collections: A Business Perspective, is for businesses that have past due customers and need help collecting from them. It is for businesses who want to check their customer’s credit to limit credit risk and avoid bad debt.Things that have worked in the past are no longer working; everybody’s credit has changed, everyone’s job situation has changed, people have lost their homes due to the economy or weather and the flow of our business cash has taken a hit. Credit and Collections: A Business Perspective will help anyone who has customers that owe them money and will give them specific steps and actions they can take to make effective collection calls that work. This book will show you how to check a customer’s credit and determine their credit worthiness before you extend credit to someone who may not be able to pay you. With this book you can protect your business and your bottom line by protecting your most important asset, your cash flow.

    • Business & management
      September 2017

      Competing on Talent in Today's Business World

      A Blueprint for New Ways of Hiring

      by Author(s): Pradeep Sahay

      It is currently an exciting time for organizations with regard to the recruitment of talent. The business and organizational pressures for finding and hiring the best people could not be greater. Recruitment has not changed as a process – a vacancy still needs a suitable hire. However, the landscape, tools, technologies, behaviors and expectations regarding how an organization approaches sourcing and acquiring talent are changing rapidly. This book chronicles one organization’s journey as it goes about re-orienting the focus of its talent acquisition capability from the current reactive process to a strategic and proactive program capable of consistently sourcing and recruiting the very best people available. Forward-looking companies are seizing this opportunity to create a true competitive advantage in talent sourcing and acquisition. They are focusing on fine-tuning the fundamentals, while devoting increased time and planning to the more strategic areas of talent acquisition, including workforce planning and strategic sourcing. Their best-in-class approaches elevate recruitment from a transactional, short-term focused activity to a strategic, integrated, long-term approach that optimizes their investments in people.This book articulates both the challenges and the response options that confront organizations as they compete for talent in this fast-changing business climate. The initial sections here provide a macro view on the changing work landscape and how recent trends and developments around technology and innovation are impacting the discipline of Talent Acquisition. The book is designed as a running case study profiling the best practices in recruiting. Drawing on both primary and secondary research, it adapts and learns from the best practices of high-impact business functions, such as a lean supply chain, analytics, process re-engineering, sales and marketing, and discusses the leading academics and practitioners in this regard. As such, this book will elevate awareness and discourse on the topic, and will help concretize a roadmap for organizations looking to revisit and re-invent their talent acquisition philosophies and practices as they compete for talent in today’s world.

    • Management accounting & bookkeeping
      January 2013

      Credit and Collections

      A Business Perspective

      by Author(s): Michelle Dunn

      The credit crisis, high fuel costs, job losses, bankruptcies, foreclosures and the failing economy are all contributing to factories closing, job loss and business owners going out of business because they can’t get paid. Learn how to take specific steps and use positive action to streamline and maximize your credit management policies.This book, Credit and Collections: A Business Perspective, is for businesses that have past due customers and need help collecting from them. It is for businesses who want to check their customer’s credit to limit credit risk and avoid bad debt.Things that have worked in the past are no longer working; everybody’s credit has changed, everyone’s job situation has changed, people have lost their homes due to the economy or weather and the flow of our business cash has taken a hit. Credit and Collections: A Business Perspective will help anyone who has customers that owe them money and will give them specific steps and actions they can take to make effective collection calls that work. This book will show you how to check a customer’s credit and determine their credit worthiness before you extend credit to someone who may not be able to pay you. With this book you can protect your business and your bottom line by protecting your most important asset, your cash flow.

    • Business & management
      September 2017

      Competing on Talent in Today's Business World

      A Blueprint for New Ways of Hiring

      by Author(s): Pradeep Sahay

      It is currently an exciting time for organizations with regard to the recruitment of talent. The business and organizational pressures for finding and hiring the best people could not be greater. Recruitment has not changed as a process – a vacancy still needs a suitable hire. However, the landscape, tools, technologies, behaviors and expectations regarding how an organization approaches sourcing and acquiring talent are changing rapidly. This book chronicles one organization’s journey as it goes about re-orienting the focus of its talent acquisition capability from the current reactive process to a strategic and proactive program capable of consistently sourcing and recruiting the very best people available. Forward-looking companies are seizing this opportunity to create a true competitive advantage in talent sourcing and acquisition. They are focusing on fine-tuning the fundamentals, while devoting increased time and planning to the more strategic areas of talent acquisition, including workforce planning and strategic sourcing. Their best-in-class approaches elevate recruitment from a transactional, short-term focused activity to a strategic, integrated, long-term approach that optimizes their investments in people.This book articulates both the challenges and the response options that confront organizations as they compete for talent in this fast-changing business climate. The initial sections here provide a macro view on the changing work landscape and how recent trends and developments around technology and innovation are impacting the discipline of Talent Acquisition. The book is designed as a running case study profiling the best practices in recruiting. Drawing on both primary and secondary research, it adapts and learns from the best practices of high-impact business functions, such as a lean supply chain, analytics, process re-engineering, sales and marketing, and discusses the leading academics and practitioners in this regard. As such, this book will elevate awareness and discourse on the topic, and will help concretize a roadmap for organizations looking to revisit and re-invent their talent acquisition philosophies and practices as they compete for talent in today’s world.

    • Business, Economics & Law
      October 2004

      Accounting for Improvement

      by Sten Jonsson

      "Accounting for Improvement" offers concrete and constructive demonstrations of the possibilities of designing participative forms of organization. Field experiment cases illustrate how the operational level can assume a new significance in competitiveness and strategic positioning. In this way, the relevance of the accounting function to the improvement of productivity and quality is restored. Several broadly applicable lessons can be learnt, among them: how companies can strengthen their competitive base by patient improvement; how people with operative jobs can take command of their work situation and improve it in quality as well as efficiency. New bottom-up, people-orientated, empirically-founded approaches to decentralised participative management demonstrate a place for individuals and teamwork in today's "lost relevance" and "smart machine" environment.

    • Business, Economics & Law
      August 2010

      Advances in Business and Management Forecasting

      by Kenneth D. Lawrence, Ronald K. Klimberg, Kenneth D. Lawrence

      "Advances in Business and Management Forecasting" is a blind refereed serial publication published on an annual basis. The objective of this research annual is to present state-of-the-art studies in the application of forecasting methodologies to such areas as sales, marketing, and strategic decision making (an accurate, robust forecast is critical to effective decision making). It is the hope and direction of the research annual to become an applications and practitioner-oriented publication. The topics of this title will normally include sales and marketing, forecasting, new product forecasting, judgmentally-based forecasting, the application of surveys to forecasting, forecasting for strategic business decisions, improvements in forecasting accuracy, and sales response models. It is both the hope and direction of the editorial board to stimulate the interest of the practitioners of forecasting to methods and techniques that are relevant. In Volume 7, there are sections devoted to financial applications of forecasting, as well as marketing demand applications. There are, also, sections on forecasting methodologies and evaluation, as well as on other application areas of forecasting.

    • Business, Economics & Law
      November 2011

      Advances in Business and Management Forecasting

      by Kenneth D. Lawrence, Ronald K. Klimberg, Kenneth D. Lawrence

      "Advances in Business and Management Forecasting" is a blind refereed serial publication published on an annual basis. The objective of this research annual is to present state-of-the-art studies in the application of forecasting methodologies to such areas as sales, marketing, and strategic decision making. (An accurate, robust forecast is critical to effective decision making.) It is the hope and direction of the research annual to become an applications and practitioner-oriented publication. The topics will normally include sales and marketing, forecasting, new product forecasting, judgmentally-based forecasting, the application of surveys to forecasting, forecasting for strategic business decisions, improvements in forecasting accuracy, and sales response models. It is both the hope and direction of the editorial board to stimulate the interest of the practitioners of forecasting to methods and techniques that are relevant.

    • Business, Economics & Law
      December 2010

      Applications in Multi-criteria Decision Making, Data Envelopment Analysis, and Finance

      by Kenneth D. Lawrence, Gary Kleinman, Kenneth D. Lawrence

      "Applications of Management Science" is a blind refereed serial publication published on an annual basis. The objective of this research annual is to present state-of-the-art studies in the application of management science to the solution of significant managerial decision-making problems. It significantly aids the dissemination of actual applications of management science in both the public and the private sectors. Volume 14 is directed toward the application of management science to multi-criteria decision making, Data Envelopment Analysis (DEA) and financial performance analyses. This volume is arranged in three sections. The first section focuses on multi-criteria decision making; the second focus is on the application of DEA to public schools, paper mills, nursing home quality, retailing, health care services, and performance efficiencies in cities. The third section focuses on multi-dimensional performance of a national stock market and the effect of organizational structure on micro-financial institutions. This volume will prove to be most valuable to those interested in financial performance measurements, productivity measurement and analysis, and management science, both as practitioners and researchers.

    • Business, Economics & Law
      October 2011

      Finance and Sustainability

      Towards a New Paradigm? A Post-crisis Agenda

      by William Sun, Celine Louche, Roland Perez, William Sun

      The recent global financial crisis has indicated that the conventional dominant paradigm in finance is unable to cope with the problems of financial systems, markets, and behaviour of financial institutions, and failed to understand the proper role of finance in society and the economic system as a whole. Drawing on the recent movements of corporate social responsibility, socially responsible investing and sustainable development, this volume goes further to examine the ongoing making of financial reality towards social responsibility and sustainability, and aims at a better understanding of finance as a collective construct and endeavour embedded in societal context. Bringing together leading scholarly thinking, this collection opens new avenues of comprehending corporate social responsibility, reveals mechanisms and strategies in shaping the reality of responsible finance, searches alternative approaches towards financial sustainability, and explores new thinking of coping with complex financial choice and financial risks. Moving away from the conventional financial paradigm, this volume demonstrates paradigm shifting in the financial world and provides fresh insights on how we may reshape the financial reality to enable societal betterment and prevent any future financial crisis.

    • Business, Economics & Law
      October 2009

      Financial Modeling Applications and Data Envelopment Applications

      by Kenneth D. Lawrence, Gary Kleinman

      "Applications of Management Science" is a blind refereed serial publication published on an annual basis. The objective of this research annual is to present state-of-the-art studies in the application of management science to the solution of significant managerial decision-making problems. It significantly aids the dissemination of actual applications of management science in both the public and private sectors. Volume 13 is directed toward the application of management science to financial management, specifically in portfolio analysis and in productivity management such as Data Envelopment Analysis (DEA). Arranged in two sections, the first comprises a collection of financial applications papers, while the second focuses on the use of DEA in such wide-ranging environments as airport operations, freight railroads, gynaecological departments, severe coastal storms, and performance evaluation and classification of universities and public schools. This volume will prove valuable to researchers and practitioners of management science and operations research, as well as being a vital companion to portfolio analysts and industrial and financial engineers alike.

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