Do you know your numbers?
Most businesses have access to the numbers they need… but too many business owners and managers simply do not take the time to study and understand them.
Many business owners only look at their financial statements just once a year. They go straight to the bottom line and see whether they made a profit or not and the next question is ‘how much tax do I have to pay?’ We often hear business owners say, “I’m just not good with the numbers, they don’t mean anything to me.”
Your financial statements actually contain a wealth of information and enable you to quickly determine how ‘healthy’ your business is. They are about so much more than what you have achieved historically.
In this free webinar, we will explain the important numbers in a language that will help you better understand your business.
You will learn the importance of:
Profit V Cash
Cash flow forecasts and budgets
How to manage cash drains and shorten the cash gap
The difference between Mark up and Margins
Discounting V Increasing prices
And crucially, the importance of Key Performance Indicators (KPIs) across the whole of the business, both financial and non-financial.
If any of the above doesn’t make sense or it just doesn’t mean anything to you, this webinar is definitely for you. Book your place now.
This Webinar is one of 8 webinars in our FREE series of Learn to Earn webinars where we share with you knowledge and skills essential to mastering the core areas of business. We are keen to help all business owners take more control of their business and make more money.
Click below to find out more about the other webinars in the Learn to Earn series:
- Why Should your Customer Buy From You – How do you become The Obvious Choice against all the Competition?
- Mindset – Mental strength for success in business
- Time Mastery – You can’t manage time but you can manage what you do with it
- Exceptional Customer Service – How to keep your customers not only buying from you, but buying more
- Know your numbers – How to understand the key numbers for better informed decisions and ultimate success
- 5 Ways to Boost your Profits – Learn what to do to increase the bottom line by 61%
- Virtual Leadership – What does leading remotely require you to do differently?
- 6 Keys to a Winning Team – Understand the rules of the game to attract and keep the best people in your industry