The corporate finance handbook

This third edition of The Corporate Finance Handbook is intended for the
directors and owners of businesses whose continuing prosperity and
growth depend upon putting in place and maintaining an appropriate
balance of external funding.
Within the spectrum of small and medium-sized enterprises (SMEs),
and after excluding those businesses that are sole traders or selfemployed,
the Department of Trade and Industry has estimated that
there are some 264,000 UK companies, described as ‘middle-sized businesses’,
which generate almost one-third of all the money earned by
British business and account for one-quarter of all employees. All of
these companies have external financing requirements and it is to their
senior management that the six sections of this book are addressed.