Description
Gain the critical financial tools and skills to manage and advance your business!
And become more profitable in the process.
MONITORING FINANCIAL POSITION
• Understanding the Income Statement
• The Roles of a Balance Sheet
• Financial Ratios & Efficiency
• Financial Cause & Effect
• Case Study & Practical Application
CAUSE & EFFECT: ROADMAP TO A BIGGER BOTTOM LINE
• Identifying Financial Distress
• Seeing the Symptom
• Identifying the Cause of the Problem
• Prescribing a Cure
• Improving Cash Flow and Profitability
INCOME STATEMENT: BREAK-EVEN ANALYSIS
• Managing Income Statement
• Understanding Cost Behavior
• Contribution Margin
• Applying Break-Even in Your Business
• Case Study and Application
PROFIT PLANNING AND CASH FLOW ANALYSIS
• Developing a Profit Plan & Budget
• Identifying Key Patterns of Cash Flow
• Developing Seasonal Cash Budgets
• Cash Forecasting as a Tool
• Funding Seasonal/Long-Term Growth
PLANNING AND MANAGING LONG-TERM GROWTH
• Role of the Balance Sheet
• Operating Leverage
• The Cost of Growth
• Planning Successful Growth
• Case Study & Practical Application
DEALING WITH BANKS AND FUNDING
• Understanding Loan Approval
• What Bankers Look For
• Putting a Package Together