(BQ) Part 2 book "Accounting all-in-one for dummies" has contents: Planning and budgeting for your business, making savvy business decisions, handling cash and making purchase decisions, auditing and detecting financial fraud. | Book VI Planning and Budgeting for Your Business Managing inventory can boost profits. Discover various strategies for managing inventory cost-effectively by visiting for free guidance. In this book ✓ Structure a business to attract capital and issue stock shares to raise capital. Find out more about what potential investors really want to see in a company’s financials. ✓ Choose the appropriate legal structure for a business — sole-proprietorship, partnership, LLC, C-corp., S-corp., or something else. The right legal structure provides valuable legal protection and potential tax savings. ✓ Draft a business plan that increases your chances of securing loan approval or attracting eager investors. Tell your company’s growth story to prospective shareholders. ✓ Build a budget to help executives and managers make better business decisions and boost their organization’s bottom line. Budgeting not only keeps your business on track financially but also helps inform spending decisions so you get the most bang for your buck. ✓ Tweak your budget to accommodate different levels of production and other potential variables. Play “what-if” with different production and product-development scenarios to plan production and sales and maximize profit. ✓ Get a handle on long-term debt to reduce interest and improve cash flow. Make informed decisions about how much cash your business needs to operate and how much of that cash you’ll generate through debt. Chapter 1 Incorporating Your Business In This Chapter ▶ Structuring the business to attract capital ▶ Taking stock of the corporate legal structure ▶ Issuing and managing stock shares T he obvious reason for investing in a business rather than putting your money in a safer type of investment is the potential for greater rewards. Note the word potential. As an owner of a business, you’re entitled
