Unique balance of clear concepts, contemporary theory, and practical applications helps readers better understand the concepts and reasons behind corporate budgeting, financing, and working capital decision making

6. • Specific
• Measurable
• Attainable
• Relevant
• Timely

7. 1. PAYCHECK
2. RENTAL INCOME
3. GOVERNMENT BENEFITS
4. INTEREST
5. INVESTMENT INCOME

8. 1. FIXED EXPENSES
2. DISCRETIONARY EXPENSES
SURPLUS/DEFICIT

9. Emergency FUND

10. RISK
MANAGEMENT
WITH INSURANCE
HEALTH
INSURANCE
AUTO INSURANCE
 LIFE INSURANCE
 PROPERTY
INSURANCE
LIABILITY
INSURANCE
 DISABILITY
INSURANCE

11. The Three C's of Credit
 Capacity--Can you repay the credit you're granted? What's your income?
 Character--Will you repay the credit you're granted? What's your previous
track record?
 Collateral--Is there tangible property that can secure the credit extended?

12. Debt

13. INVESTING
• GROWTH
• INCOME
• STABILIT
Y

14. SAVING FOR
RETIREMENT
• BASIC CONSIDERATIONS
• WHAT KIND OF RETIREMENT DO
YOU
• WHEN DO YOU WANT TO RETIRE
• HOW LONG WILL RETIREMENT
LAST?

15. PLANNING FOR INCAPACITY
WILLS

17. FINANCIAL PLAN
• START-UP COSTS
• CASH FLOW PROJECTIONS
• PREPARING A CASH FLOW PROJEC
• INCOME STATEMENTS
• BALANCE SHEETS
• BREAK-EVEN ANALYSIS

19. HOW TO APPROACH LENDERS
• DOES YOUR BUSINESS REALLY NEED TO BORROW
MONEY?
• HOW MUCH DOES YOUR BUSINESS NEED TO BORROW?
• HOW FAST SHOULD YOU REPAY YOUR LOANS?

20. WHAT LENDERS ARE LOOKING FOR
• ESTABLISHING A POSITIVE
RELATIONSHIP WITH YOUR
LENDER

21. WHY BUSINESS LOANS SOMETIMES BECOME PROBLEM
LOANS

22. Start PLANNING
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