Wednesday, January 11, 2012

Review- Business Planning and Entrepreneurship: An Accounting Approach

by Michael Kraten
 
“...practical guide to the functional elements that constitute a business plan and explains how these elements fit together...views the business plan components through the lens of "management accounting" and addresses six topical elements:  the business model, volume estimation, cost estimation, revenue estimation, investment value, and risk management ... antidote to the abundant business plan templates readily available on the Web, which are often fill-in-the-blanks exercises that discourage the comprehensive thought and analysis required to produce a solid business plan.  Highly recommended.”  
-CHOICE Magazine

2 comments:

  1. I was looking around about this guide. Business planning and entrepreneurship is a very tricky thing and by estimating everything properly any finance management associate can prepare good business plan. Managing business expenses is definitely something where collaboration is key. Sharing files via google docs or more complicated tools like PanXpan's finance summary module is important here.

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