Book Description

This book provides an important tool of financial control to entrepreneurs of Micro, Small and Medium Enterprises. It is common knowledge that all entrepreneurs do not possess expert financial control abilities due to lack of understanding or lack of education in finance. This is not an issue because every entrepreneur is not expected to be a financial expert. He normally depends on external help from financial experts in the field. However these experts are not solely devoted to his business alone. Hence they provide support only on piecemeal basis and that too only when asked for. Hence what happens is that in many cases financial harm is already done by the time the entrepreneur approaches the consultant for help. This book equips the entrepreneur to manage the finances of his company on a proactive basis. It provides the entrepreneur practical and easy means of collecting data from the Accounts Department, checking and comparing against desired criteria. The book contains useful forms in which data can be collected on daily, weekly and monthly basis. As this log book will remain with the entrepreneur, he can carry it wherever he goes and discuss the results with his consultants and advisors. This book will also go a long way in inculcating timeliness and discipline among the Accounts Department staff and keep them on their toes and always updated. I am sure that this book will be a great support to entrepreneurs of micro, small and medium enterprises.