Making Money Out of Thin Air

Book excerpt: Finally - Use Your Financial Statements to Make MoneyFinally - Understand Your Profit and Loss Statement Even if You got a C- in MathLearn how to: -Sleep better knowing the true health of your business. -Measure what matters in your specific business-Manage what you've measured to increase profits and ROI-Create budgets that help you with inventory, cash flow, and overhead-Use financial statements to qualify for loans or raise capitalAuthors Randy Kirk and Shaila Chamberlain have almost 85 years of combined practical experience starting, managing or consulting small businesses like yours. Shaila is a CPA and CMA who has provided managerial guidance to multiple companies, always with an eye towards improving every aspect of the business using accounting. Randy has founded over 20 companies, consulted with over 300 small businesses, and authored 10 books on business. If you own a small business and know that you are missing out on potential profits due to a limited or non-existent understanding of your financial statements, this book is for you. If you suspect that your current accounting is incorrect and/or inadequate to be of use in running your company, this book will help. Making Money Out of Thin Air will teach you to transform a "so-so" business into aPROFIT- MAKING MACHINE!