DON’T LET YOUR FEAR OF FINANCE GET IN THE WAY OF YOUR SUCCESS

Can you prepare a breakeven analysis? Do you know the difference between an income statement and a balance sheet? Or understand why a business that’s profitable can still go belly-up? Has your grasp of your company’s numbers helped—or hurt—your career?

Whether you’re new to finance or you just need a refresher, this go-to guide will give you the tools and confidence you need to master the fundamentals, as all good managers must.

The HBR Guide to Finance Basics for Managers will help you:

• Learn the language of finance


• Compare your firm’s financials with rivals’


• Shift your team’s focus from revenues to profits


• Assess your vulnerability to industry downturns


• Use financial data to defend budget requests


• Invest smartly through cost/benefit analysis