I told you about the book I wrote for the American Specialty Toy Retailing Association called Financials You Can Understand: Building Blocks for Successful Toy Stores.
The book is finished, published and available for purchase.
Here is what the editors wrote about the book...
"After reading this book you will know and understand all of the numbers in your Balance Sheet and Profit and Loss Statement – from where they came, what they mean and how you can make them stronger. You will know what other numbers you should be tracking and how they compare to other specialty toy stores. If you understand the basics, look for special boxes with advanced, in-depth knowledge on more detailed ways to track your numbers. Most importantly, you will know how to make your business better."
Who should buy this book?
Anyone who owns a retail store and (or) feels clueless when the accountant starts talking about your financial statements will find this book amazingly helpful.
Although much of the discussion is designed around the toy industry, the information, insights, and analysis will translate well to any type of retailer. If you struggle to understand your accountant when he talks to you, or struggle to wrap your head around all the numbers on your financial statements, this book will be like taking the coolest, easiest, most practical accounting class ever that makes it all something you can understand.
You can buy the book here.
PS You can still download my Financials eBook for free. It does not have the detail or analysis that this new book does. But it does cover some basic stuff.
PPS Yes, the book might seem expensive at first glance, until you see the value in it. Even a small retailer will gain enough knowledge to recoup that investment in short order.
PPPS Full disclosure. I do not gain financially from the sale of this book. I have received my compensation for writing it. But like with everything I do, there is no satisfaction for me until you benefit from my efforts. Please buy a copy for yourself or as a gift to a fellow retailer who could benefit.