Manage By The Numbers for High Performance Entrepreneurs
Description
How understanding the story your financial statements are trying to tell you will make you a better entrepreneur. What will you learn You will learn how you already have the innate skills to read and understand the meaning of numbers Three key financial statements and why you need to review all three regularly to fully understand what works and doesn’t work in your business How to read your financial statements like a book that tells you the story of your business, allowing you to have more confidence in your business and your future plans Why making your books for tax purposes only prevents you from getting the information you need about your business to make informed decisions, and how to talk to your accountant to do it in the best possible way Once one financial statement can tell you which products or services are most profitable, how many sales you need to reach your profit target, how much sales you can afford to lose as prices rise, how much sales you need to get to cover the discount how productive your employees are and whether your business is more or less efficient over time How poor money management can lead to bankruptcy, even if you are very profitable How to know where your cash is going and how to predict your cash so you can avoid decisions that leave you cash-strapped Requirements This course does not require any prior knowledge. You should have access to Microsoft Excel for Windows or Mac, as the awesome financial dashboard you get with this course is built in Excel. (You will have to enable macros when you open it) You must have the desire and willingness to play the entrepreneurial game on a whole new level. And you must commit to using your business as a force for good. Description This is one of a series of High Performance Entrepreneur courses designed for business owners who are serious about growth, who are willing to run their business like a business, and who understand that better information will lead to better decisions. By the end of this course, you will be able to combine your own entrepreneurial intuition with the objective information your business provides to make better decisions and more confident actions. By the end of this course, you will be able to determine which products or services are the most profitable and you will know your break-even and break-even earnings. By the end of this course, you will know how to use your own financial dashboard, which gives you a quick and clear view of the trends in your business, whether these trends are healthy or not, and whether the business is healthy at any given time. By the end of this course, you will know where your cash is going and will be able to forecast your future cash flows using a simple cash flow forecasting tool. Since I’ve been working with entrepreneurs in one form or another since 1996, I understand how busy you are and how often your time is interrupted. So, I kept each video short, focused, clear, direct, and focused on what really works. Your business and your ability to run it will start to improve immediately! If you want more confidence and control, more confidence in what you should focus on, higher levels of accountability and faster growth, register for this course now. Become a Highly Effective Entrepreneur! Who is this course for: I have worked with business owners from start to $ 200 million in revenue. During this time, I have made sure that there are entrepreneurs at all stages of development who struggle to understand their numbers. As such, the ideas and tools presented in this course are useful and applicable to any of the following people who either don’t understand their numbers, don’t use them, or measure their success only by how much money they have in the bank. This can include: Experienced business owners with over 100 employees and management teams Members of executive teams in business organizations Small / Medium Business Owners with only one or two other senior employees Small business owners who need guidance and help because they make all their own decisions, often without a frame. Financial Development Course Financial development means certain improvements in obtaining information on possible investments and capital allocation, monitoring firms and implementing corporate governance, trading, diversification and risk management, mobilizing and pooling savings, facilitating the exchange of goods and services.
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Course Features
- Lectures 0
- Quizzes 0
- Duration Lifetime access
- Skill level All levels
- Language English
- Students 177
- Assessments Yes
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