This paper was chosen because of the response I received from my instructor. Though my ability to understand and comprehend them is keen I am not a numbers person. Those thoughts are shared and I hope as the instructor appreciated my candor you will also.
The presentations above cover the basics of managerial finance as well as some more advanced concepts that are important for small business owners to know to evaluate and recommend improvements in an organization’s financial performance.
The world of business is changing. It is no longer just about the basics of making a profit, but an understanding of how to use financial knowledge to save money for your business. The various finance and management courses thought me the essence of focusing on managing wealth, budgeting, taxes, credit cards, insurance, retirement plans & more.
Managers of small businesses need to have a good understanding of financial management. They need to know how to plan for the future, set budgets, and make decisions about what they can afford and a general understanding of the complications that occur for international business making decisions, transactions and reporting information across multiple states and nations.