The 4 Figure Trick: The non-financial managers guide to better and faster business decisions
Financial management is often portrayed as a demonic science,
littered with spreadsheets,
inexplicable charts,
intricate formulas and all washed down with swathes of unintelligible jargon. In reality,
successful financial management is all about the management of just four figures. Knowing what these four figures are,
how they interrelate and (most importantly) how they can be managed is the key to financial success.

This is what David Meckin calls 'the four figure trick.' Almost every major business failure can be pinned down to the ineffective management of at least one of these critical figures.

Focusing attention on just four figures not only makes the world of financial management far more accessible to the non-financial manager,
it also greatly simplifies the decision-making process. Avoiding all the complexities normally associated with the topic,
THE 4 FIGURE TRICK highlights a variety of practical managerial strategies that can significantly enhance the financial performance of any business.
1138118998
The 4 Figure Trick: The non-financial managers guide to better and faster business decisions
Financial management is often portrayed as a demonic science,
littered with spreadsheets,
inexplicable charts,
intricate formulas and all washed down with swathes of unintelligible jargon. In reality,
successful financial management is all about the management of just four figures. Knowing what these four figures are,
how they interrelate and (most importantly) how they can be managed is the key to financial success.

This is what David Meckin calls 'the four figure trick.' Almost every major business failure can be pinned down to the ineffective management of at least one of these critical figures.

Focusing attention on just four figures not only makes the world of financial management far more accessible to the non-financial manager,
it also greatly simplifies the decision-making process. Avoiding all the complexities normally associated with the topic,
THE 4 FIGURE TRICK highlights a variety of practical managerial strategies that can significantly enhance the financial performance of any business.
11.99 In Stock
The 4 Figure Trick: The non-financial managers guide to better and faster business decisions

The 4 Figure Trick: The non-financial managers guide to better and faster business decisions

by David Meckin
The 4 Figure Trick: The non-financial managers guide to better and faster business decisions

The 4 Figure Trick: The non-financial managers guide to better and faster business decisions

by David Meckin

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Overview

Financial management is often portrayed as a demonic science,
littered with spreadsheets,
inexplicable charts,
intricate formulas and all washed down with swathes of unintelligible jargon. In reality,
successful financial management is all about the management of just four figures. Knowing what these four figures are,
how they interrelate and (most importantly) how they can be managed is the key to financial success.

This is what David Meckin calls 'the four figure trick.' Almost every major business failure can be pinned down to the ineffective management of at least one of these critical figures.

Focusing attention on just four figures not only makes the world of financial management far more accessible to the non-financial manager,
it also greatly simplifies the decision-making process. Avoiding all the complexities normally associated with the topic,
THE 4 FIGURE TRICK highlights a variety of practical managerial strategies that can significantly enhance the financial performance of any business.

Product Details

ISBN-13: 9781529343809
Publisher: Quercus
Publication date: 07/13/2021
Sold by: Hachette Digital, Inc.
Format: eBook
Pages: 224
File size: 4 MB

About the Author

David Meckin is managing director of Insight Financial Consulting and has over 20 years' commercial experience,
including as finance director of a multinational. He is a qualified accountant,
a Member of the Chartered Management Institute,
and a Fellow of the Chartered Institute of Bankers. He regularly delivers workshops and presents at conferences internationally,
and his clients include FTSE-100 companies and household names worldwide.

Websites:
www.insight-financial.com www.insight-investing.com

Twitter:
@Insight_Finance

LinkedIn:
David Meckin

Table of Contents

About the Author xi

1 Keep It Simple 1

Financial management is often portrayed as a demonic science. In reality, the principles of financial management are remarkably straightforward.

2 Measuring Financial Success 15

In order to make financially sound business decisions you need to know what the objective is.

3 Making Sense of Trading Data 31

The art of effective financial management is being able to see through the figures and identify the management issues.

4 The Profit-making Process 49

Making profit is a three-stage process. The role of management is to manage this process as effectively as possible.

5 It's All About 4 Figures 65

In order to effectively manage the profit-making process, managers need to focus their attention on just four figures.

6 The Formula For Financial Success 77

The 4 figure trick is based on a formula - a formula which can provide managers with a recipe for financial success.

7 Improving Performance 95

The 4 figure trick highlights a variety of managerial strategies that can significantly enhance the financial performance of any business.

8 The Investors' Perspective 113

The 4 figure trick can provide investors with valuable insight into how effectively a business is being managed.

9 Closing Thoughts 133

The 4 figure trick isn't just about managing four figures; it's about developing a managerial mindset.

Index 141

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