Product Description
This book examines fiscal management tools needed to cope with short and long-term challenges to the financial health of businesses. It shows how holes can develop in the collective pocket of a company that does not exercise strong financial control. Bond points out potential problem areas in the various branches of a business - from sales and customer service to manufacturing and maintenance - and offers cost-control solutions. Topics covered include budgeting, borrowing, making lease-versus-purchase decisions, installing accounting safeguards, credit and collections procedures, getting more advertising for the pound, negotiating the best terms with vendors, minimizing production down-time, and shopping for employee benefit programmes.
