"If You Don't Know Your Numbers; You Don't Know Your Business.”
Fast Forward Your Future - By using this Business Health & Wealth System to know your numbers in your business and Introduce financial systems and key performance indicators (KPI's)... The knowledge gained within will allow you to ask better questions of your Accountant and Bank Relationship Manager. It will provide you with a level of control enjoyed by large companies and provide you with information that will allow you to make informed decisions.
In the Game of business you must know your numbers to gain mastery and control of your business to allow you to make informed decisions instead of the GUT feeling (Gave Up Thinking) decisions that a lot of business owners may currently make.
This Mini-Course contains 19 workbook pages full of easy to understand learnings, supporting videos and online assessment, two Step By Step Implementation Guides and other downloadable supporting documents.
During This Mini-Course you will learn how to implement:
- The 5 critical financial controls that as business owners we must know, use and understand...
Find out how healthy your business is and learn how to build better relationships with your accountant.
Learn how to make pounds rather than continually striving to save pennies.
Realise that its all about margins, working capital and equity, which result from a specific menu of ingredients that are at your disposal right now.
Small changes in critical areas can have a great impact on the bottom line
Once you understand how financial markets work you can build wealth and it starts by understanding how your business finances work
You cannot manage what you do not measure
The difference between KRI's and KPI's and what are the Key Performance Indictors to measure
Defining your FFF is a key underpinning element to your exit strategy (step back / retirement) from your current business.
How to massively multiply profit in any business.
You will again Access to Your Implementation Guides and other systems:
Business Health and Wealth System. This Financial Analysis Review Tool and Calculators is designed to re-educate owner / directors on their own business using information they already have so that they may ask better questions of their support stakeholders; Plug & Play…
For perhaps the first time you will be able to see what your bank looks at to determine how healthy your business is.
You will see a graphical dashboard of your P&L elements and be able to easily analyse and respond to trends as they are happing.
You will be able to use a Break Even Calculator and Profit Multiplier Calculator with your own figures, and be able to use a Change Impact Calculator to predict the Return from proposed improvement activity... Plus you can use the Margin Calculator to understand the impact on sales margin from increasing or discounting pricing.
KPI Plan System.
Systems maturity is key to business success and sustainability yet there is no specific workshop in Business Academy for systems. The fact is that systems are integrated into every workshop and online workbooks... Key Performance Indicators (KPI) are quantifiable measurements that reflect ‘progress’ towards a predetermined outcome or goal in a business using your systems. We will develop a Financial Dashboard through KPI’s so you can spot challenges, recognise opportunities and make informed decisions through your numbers.
You will have the opportunity to work with your own team through the online guide to define the best key performance indicators for your business and generate a management dashboard to measure progress. The premise is simple: YOU CANNOT MANAGE WHAT YOU DO NOT MEASURE.
Financial F.A.C.T.S System. A complete spreadsheet system to control your business finances.
This system is developed primarily in support of Business Academy Workshop: 'Know Your Numbers'.
However, the learnings, implementation guides & workbooks within constitute a stand alone online course for all business leaders / owners to massively benefit from.