The most common cause of business failure is poor financial control due to ignorance of the basics of business finance. Financial Management for the Small Business is designed to help you if you find business finance confusing. Now in its sixth edition, it continues to provide advice on proper financial planning and control. Divided into three main sections: key financial statements, financial analysis, and business plans and budgets, it reinforces essential points through the use of questions within each chapter. Invaluable for entrepreneurs and anyone in business, this book covers: balance sheets; profit-and-loss accounts; cash and funds flow; control of working capital and fixed assets; costs, pricing and profit decisions; budgeting and bookkeeping; improving performance; writing and presenting business plans. This best-selling handbook is an essential tool if you are already running a small business or contemplating starting one, and it could mean the difference between success and failure