Rancho Mirage, CA, November 16, 2011 --(PR.com
)-- Robert Sherwood, former Silicon Valley board member and Entrepreneur of the Year, after researching the financial strategies of more than 50 successful small to medium size businesses, has compiled his findings into a quick read, highly valued and helpful digital book, entitled “A Basic Guide to Finances.” The nationally recognized business executive and author, in a fresh and thought provoking manner, sets forth the “How To” for creative business financing. The material was supplied by CPAs, financial managers and a Regional Administrator of the SBA. (Small Business Administration)
According to many authors, most businesses fail because of financial mistakes. Unfortunately, financial knowledge is usually learned through a series of "hard knocks," ranging from frustrating financial setbacks to bankruptcy petitions. The basic guide illustrates how to avoid these setbacks by presenting: how to avoid the seven major financial reasons why new businesses fail; five questions your bank will ask to determine whether they will approve your loan; how to attract Small Business Investment Companies that want to fund your growth; what alternatives you can find to traditional bank financing; how a ratio analysis determines how your business stacks up against the competition; and how much money you need to put away for retirement.
Sherwood’s “A Basic Guide to Finances” is a must-have addition to your digital library of “Basic Guide” books. Author of 3 highly acclaimed fiction novels, the author’s books are available, in digital format, for the iPad, iPhone, Nook, Kindle, Galaxy and Android technologies based reading devices.
Mr. Sherwood was a successful Silicon Valley entrepreneur, was an Entrepreneur of the Year winner, was co-founder of several technology businesses and was president of a venture capital fund. Sherwood also is a nationally recognized expert witness and currently provides services to prominent law firms on Internet related litigation issues. He has testified in both federal and state courts on high profile technology and intellectual property disputes.
For more information.