An engaging, nuts-and-bolts breakdown of the financial side of entrepreneurship.
A detailed guide to disentangling three key elements of business.
In his latest, business consultant Duryee (Lead To Succeed, 2005, etc.) describes a familiar triangle: business owners, who believe that if their revenue and profits are healthy, banks should be willing to lend them money; bankers, who worry that business owners “may not understand the difference between profits and cash flow, and therefore will overly rely on debt to support growth”; and luckless certified public accountants caught in the middle, trying to get both sides to speak the same “language.” In this book, Duryee promises to resolve this age-old problem, providing prospective business owners with clear and easy-to-follow explanations of financial statements and how to apply them to business models, how to understand cash flow (which isn’t the same as profits, he points out), and how to develop forecast models for financial statements. He writes with clarity and authority even when he’s deep in the weeds of financial arcana: “Always use straight-line depreciation on your internally produced financial statements because accelerated depreciation artificially lowers both the value of your assets and your profit.” He correctly notes that many entrepreneurs start their businesses with passion and vision but precious little financial acumen. Overall, this book takes key concepts—everything from liquidity to accounts receivable—and skillfully renders their essentials. Although he may overestimate how quickly novices will be able to master such information, he makes it all immensely relatable by linking his ideas to lessons he’s learned in his own career as a consultant. Along the way, he offers case studies, bullet-pointed lists, and graphs to make sure that nothing is left to chance. Newcomers to the business world will consider this book a godsend, but even old hands will likely learn something from it.
An engaging, nuts-and-bolts breakdown of the financial side of entrepreneurship.Pub Date: Aug. 27, 2017
ISBN: 978-1-946978-17-2
Page Count: 274
Publisher: Best Seller Publishing, LLC
Review Posted Online: Sept. 4, 2019
Review Program: Kirkus Indie
This is not the Nutcracker sweet, as passed on by Tchaikovsky and Marius Petipa. No, this is the original Hoffmann tale of 1816, in which the froth of Christmas revelry occasionally parts to let the dark underside of childhood fantasies and fears peek through. The boundaries between dream and reality fade, just as Godfather Drosselmeier, the Nutcracker's creator, is seen as alternately sinister and jolly. And Italian artist Roberto Innocenti gives an errily realistic air to Marie's dreams, in richly detailed illustrations touched by a mysterious light. A beautiful version of this classic tale, which will captivate adults and children alike. (Nutcracker; $35.00; Oct. 28, 1996; 136 pp.; 0-15-100227-4)
Pub Date: Oct. 28, 1996
ISBN: 0-15-100227-4
Page Count: 136
Publisher: Harcourt
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: Aug. 15, 1996
BOOK REVIEW
BOOK REVIEW
An extravaganza in Bemelmans' inimitable vein, but written almost dead pan, with sly, amusing, sometimes biting undertones, breaking through. For Bemelmans was "the man who came to cocktails". And his hostess was Lady Mendl (Elsie de Wolfe), arbiter of American decorating taste over a generation. Lady Mendl was an incredible person,- self-made in proper American tradition on the one hand, for she had been haunted by the poverty of her childhood, and the years of struggle up from its ugliness,- until she became synonymous with the exotic, exquisite, worshipper at beauty's whrine. Bemelmans draws a portrait in extremes, through apt descriptions, through hilarious anecdote, through surprisingly sympathetic and understanding bits of appreciation. The scene shifts from Hollywood to the home she loved the best in Versailles. One meets in passing a vast roster of famous figures of the international and artistic set. And always one feels Bemelmans, slightly offstage, observing, recording, commenting, illustrated.
Pub Date: Feb. 23, 1955
ISBN: 0670717797
Page Count: -
Publisher: Viking
Review Posted Online: Oct. 25, 2011
Kirkus Reviews Issue: Feb. 1, 1955
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