How do I start learning about finance?
Government backed treasury bonds. Roth IRAs. Tax sheltered interest. I’ve heard all these terms but I haven’t a clue to what they mean. Aside from going and getting a degree in finance, can someone recommend me a book or several books that explain finances A-Z? I don’t want to become a stock broker, but I...
The Role of the Finance Manager
Capital is said to be the lifeblood of a business. Capital is to a business what gasoline is to car, without funds, business does not move. Naturally, major financial decisions are undertaken by the owners or by top management. In a single proprietorship, say a small grocery store the proprietor decides on the amount of...
Allocating Capital
At the center of every business operation is the need for funds. Business-wise, the term funds has a wider connotation than the layman’s concept of cash. Funds refer to the means of payment, whether in cash or credit, for goods and services. The need for funds, which is loosely synonymous to capital, remains a foremost...
