Financial Management of a Small Handicraft Business

Financial Management of a Small Handicraft Business

Acknowledgements

Introduction

I. Cost calculations in the handicraft industry

I. 1. Production costs

I.2. Overhead apportionment

I.3. Selling and distribution costs

I.4. Ways to reduce costs

II. Pricing

II. 1. Value in the market

II.2. Costs and pricing

II.3. Contribution analysis

III. The concept of working capital

III.1. Defining working capital

III.2. The role of working capital

III.3. Performance measurement

III.4. Profits

IV. Financial planning and decision making

IV. 1. Management Accounting

IV.2. Planning for working capital requirements

IV.3. Releasing cash from other assets

IV.4. Working capital decisions

Conclusion

A manual of credit & savings for the poor of developing countries