Effective Operations and Controls for the Small Privately Held Business

Sarbanes-Oxley combats the practices that created financial abuses in a number of major corporations. But the public or small privately held business--due to its unregulated nature--may be even more susceptible to such financial and operational abuses. Without effective accounting and operating practices and controls, many of these abuses go undetected. Comprehensive in presentation without an overwhelming amount of information, Effective Operations and Controls for the Small Privately Held Business helps you navigate through all of the key accounting and financial information required to operate a small business.

This how-to book helps you to know which questions to ask, how to avoid mistakes and pitfalls in your privately held small business, and how to evaluate your own personal assets and skills objectively. Its clear presentation of concepts makes it a valuable reference source you can easily consult for any issue or concern.

Author Rob Reider provides you with tips to maximize your efforts, including:

• How to overcome the barriers you may encounter in implementing effective operating systems and procedures
• The value-added operating procedures to help your small business become more successful in its operations
• The best practices and techniques you can employ to decrease your business's costs and increase revenues
• How to use sound small business management to transform functional costs to a real profit contribution
• How you can strengthen operational performance in the business through a strategic focus perspective
• How you can identify necessary operating procedures for each and every function and activity

A unique and much-needed resource, Effective Operations and Controls for the Small Privately Held Business prepares you to "read-and-do" with detailed, step-by-step guidance, as well as proven strategies and techniques to improve, implement, and benefit from your decisions toward a financially healthy, privately held small business.