Ratio Analysis for Small Business

Statistics show that most business failures in the US are due to the inability of the business to adapt to change or control its finances properly. This book is designed to help small businessmen avoid financial pitfalls. Ratio Analysis for Small Business explains the concept of ratio analysis, examines the different parts of a typical balance sheet and profit-and-loss statement, and shows how knowledge of the importance of each part can help businessmen spot potential trouble areas in their businesses.