SITUATION
Just about every business person we talk to has a poor idea or no idea how money flows through their business. They all complain they work really hard … and on paper they did really well - but have nothing to show for all their effort.
If we made all these sales where's all the money?
And I bet you've bought an hour of your accountant's time and had them explain it very carefully and not understand a single word they said!
Blah blah blah blah balance sheet. Blah blah blah blah profit and loss. Blah blah cashflow. Here's the bill.
Most business owners give up trying to understand and palmit off to a book keeper or their accountant and HOPE it all works out OK.
PROBLEM
This would be hilarious if the implications for you and your business weren't so serious. NOT knowing how money moves through your business can have a dramatic impact on your business.
Most of the current business woes right now can be linked to poor financial management. People simply don't know what they are doing.
What you will learn at this workshop:
This 2 hour event will walk you through an elegantly simple model for understanding how money moves through any business. If you run a business, or are considering starting a business ... this is a MUST.
This event is fun and engaging and you will be shocked at how quickly you 'get it'. You will learn about the balance sheet, profit and loss and cashflow statements and how they relate to one another.
We promise you WILL NOT be bored.
The typical reaction is, "I get it now."
You will get a powerful diagram that will make this whole 'accounting' thing snap into crystal clear clarity. Within minutes you will understand how to read the financial pages of any newspaper with total understanding. More importantly, you will have an immensely clear idea about your own finances.
About the speaker
Andrew Priestley is the director of The Coaching Experience, a global business coaching company. He has worked with SMEs right through to large corporations.
He regularly does this talk for banks, accounting and finance firms because it captures the basics of money-flow so well.