Bernard Fevry

The 88 Essentials an Entrepreneur Must Know in Finance to Run Successfully a Business Bernard Fevry

In this book, I would like to speak about finance since it's a universal way and one of the most important mean to create and develop a business. Finance has always been analyzed through statements: balance sheet, profit and loss statement and cash flow statement. Now, the digitization allows analyzing it through systems. A statement is a picture; a system is a movie which gives you instant outcomes of your decisions. We propose 4 actions with 4 systems: -Model your company with the financing system in order to balance the level of financial resources with the financial needs-Measure the relevant performance with the performing system and its Key Performance Indicators-Monitor the cash management thanks to the cashing system -Master the future with the piloting system Any system could be explained with simple formulas and few variables like the famous Einstein's equation E = mc2 or Euler's identity: e