Stick Out Your Balance Sheet and Cough

Best Practices for Long-Term Business Health

By: Gary W. Patterson

Narrated by: Jason Sullivan

How fiscally fit is your company? Just say ah!

In Stick Out Your Balance Sheet and Cough, Gary Patterson details for the first time the proven methods he has used to successfully treat companies of all sizes across a range of industries - from a startup purchased by IBM, to a public technology company sold to eBay, to an Inc. 500 consumer goods manufacturer, to an international Fortune 500 firm. Offering tips to stanch the internal financial bleeding and providing a daily regimen for ensuring your company's financial health, the FiscalDoctor's prescription is clear: Give your company an overall checkup to gauge its condition. Diagnose problems by reviewing your financials and operations. Implement a treatment plan using best practices from world-class successful companies. Create a wellness program to prevent future fiscal crises.

Using the FiscalDoctor's best practices, the high-growth company you own, manage, or direct can avoid unnecessary increased expenses, revenue shortfalls, employee layoffs, missed bonuses or broken dreams. So open this book and say, "Profit".

©2012 Gary W. Patterson (P)2013 AudioInk Publishing

Think about this, think about this, not many tools

This is OK as a basic list of things to keep in mind. One follows another and another in pretty quick succession. I can't argue with the points as made. But aside from the rough basics of the balance sheet itself, it doesn't really have much in the way of tools or examples to monitor, measure and fix things. There are certainly more detailed books on aspects of this, for example (with risk management) the vastly more fleshed-out and detailed Essentials of Risk Management by Crouhy, at al. To be charitable, this book probably is aimed at an audience of a very small business where more reckoning will be more personally, individually done, and less formalized anyway. It might be a very good starter for people less versed in this stuff. It is useful to me as a lightweight refresher as I prep to start to teach another semester of business law.