INTRODUCTORY – 1 Credit
The fear of money, and misunderstanding business numbers, often holds businesses back from achieving their full potential. According to the Small Business Administration, one-third of new businesses fail within two years, and 56% within the first four years; the primary inadequacy cited is lack of financial knowledge.
Real growth occurs when time is spent focusing on the long-term planning of a business, and the numbers are a key component to planning and achieving maximum growth. In this presentation you’ll learn strategies to overcome financial fear, how to understand the value numbers provide, and the importance of developing an action plan to ensure the highest level of performance within your business. You’ll leave with:
- Clear steps to understanding the complete financial picture of your business
- The knowledge to assess and utilize key financial metrics as tools to expose business strengths and weaknesses
- The secrets to overcome that nagging fear of money that impedes the flow of money into our businesses
- Tips on creating an action-based financial plan to drive your sales numbers, profit margins and income.