Dalton’s Cash Management is wealth of knowledge for the everyday small business owner. If you are looking to increase the cash of your business now, Dalton’s book is for you. He gives you simple solutions that can bring money into your business without going to the bank. This is not a textbook that gives you solutions based on numbers and theories but more of a handbook that shows you the pros and cons of each step of the way from a more personal approach. Dalton offers first hand experience in owning small businesses as he owns several and gives you an insider take on small business management.
One thing that I enjoyed very much in this book that helped me understand certain aspects of business practice is the real life experience and the real world application he reveals. For example, when reading about assets, I had a hard time understanding the intangible value of intellectual property, copyrights, and patents, until he applied it to tech companies. By asking which is more valuable, the chips that Intel produces or the intellectual property that created them? Obviously the intellectual property because without the method their would be no product. That question put things in perspective for me and helped me understand that even though I can not chart the value of patents, copyrights, and so on, they are still very profitable to my business and can increase the value of it.
Dalton’s book is perfect for you if you are a small business owner looking to increase your cash-flow and do not have time to take a class or read a large textbook. His real world applications and personal experience will help you understand each chapter and help you run your small business more effectively.
By Adrian Janowicz
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