This manual attempts to clarify appropriate business-management practices for Catholic schools. It addresses relevant financial issues, such as stewardship of property and resources. The volume describes the importance of employing a business manager and explores that person's role, delving into the business manager as manager, leader, and facilitator. The book examines the business manager's relationship to members of the school community, such as the principal, the school board, parents, staff, and students. Topics such as how to manage accounts receivable, development income, investments, and cash flow are discussed. It also discusses how to manage accounts payable, salaries, benefits, and vendors. Suggestions for budget preparation, including departmental involvement, the use of financial reports, revising the budget, and communicating the budget are offered. Also included is information on financial reporting, balance sheets, operating statements, cash flow, comparison statements, annual reviews and audits, and financial projections. Plant and maintenance operations and how to deal with maintenance staff, security, record keeping, and upkeep are presented. Some of the other internal operations covered include working with the cafeteria and the bookstore. Seven appendices offer sample forms for a chart of accounts, an employment agreement, an annual sick-leave record, and other administrative matters. (RJM)