(PRWEB) August 22, 2005
Out of the Red gives small business owners and organizations insight into the management accounting aspects that every successful business owner needs to incorporate into their management decision making process.
ÂIn talking with Small Business Owners, one thing that became very clear was that they were searching for a way to be more profitable with a better cash flow,Â said Pam Newman, Certified Management Accountant. ÂOut of the Red is a great resource that anyone can understand and learn the importance of concepts including Break-Even Point, Cash vs. Profit, Gross Profit vs. Net Profit, basic financial insights, and more. Out of the Red introduces small business owners to these concepts that are easy to incorporate in any business, allowing them to realize the opportunity to keep their business out of the red. You donÂt have to be an Accountant or a Financial Expert to implement these ideas in your business, but the outcome can be revolutionary.Â
Small Business Owners often times donÂt know what they donÂt know. Ninety percent of businesses go out of business because of profitability and cash flow, even though they may have appeared busy. As a society we tend to preach to our small businesses about having a good tax accountant, but fail to mention that equally as critical is having a good management accountant. Sometimes one person can be both of these resources; however, thatÂs not always the case. For a small business owner, it is critical that they understand how their financial information can assist them in making better management choices for their business. Out of the Red introduces you to these concepts; which will then enable the small business owner to be more educated and ask better questions of their professionals that they work with. This can make the difference between success and failure.
ÂThe initial response to Out of the Red has been even better than we expected,Â continued Newman. ÂThey can order it online at http://www.getoutofthered.com for a low investment of $12.95.Â
After reading Out of the Red, small business owners and organizations will now be able to understand:
Â· How to Calculate their Break-Even Point.
Â· Why Cash is King.
Â· WhatÂs the Difference between Profit and Cash Flow?
Pam Newman, President of RPPC, Inc. provides a full-line of management accounting services and products for small businesses to be successful. She helps you keep the money from slipping through your fingers. Solutions provided by RPPC, Inc. include Accounting and QuickBooksÂ® seminars, teleseminars (http://www.quickbooksteleseminar.com), newsletters (http://www.quickbooksnewsletter.com), group and one-on-one consulting. Pam Newman, the President of RPPC, Inc, is a Certified Management Accountant and Certified QuickBooksÂ® ProAdvisor.
QuickBooksÂ® is a registered trademark of Intuit. RPPC, Inc. is a third-party provider and is not a part of Intuit.