| Event Name: Understanding your financial information. What Story are your numbers telling you? Time: 5 pm – 6:30 pm Pacific Time Date: Monday, May 10, 2009 Price: $35 - The Balance Sheet – how to analyze it and how it relates to your Profit and Loss.
- How in a few clicks you can unfold your balance sheet into a story book (using QuickBooks)
- How to read and interpret the story it tells
- Understanding the very important relationships between the Balance Sheet and Profit and Loss
- The Profit and Loss – how to analyze and interpret results of operations.
- How in a few clicks you can unfold your Profit and Loss into a story book (using QuickBooks)
- How to read and interpret the story it tells
- Understanding the difference between income and expenses vs. Cash Flow
- Pricing your products and services.
- How to analyze the products/services you offer and:
- Estimate how much you can sell
- What you can charge for it
- How much gross revenue does that produce.
- What you need to gross at a minimum to keep the business going
- Looking at what you need to accomplish the following:
- Cover your business expenses
- Make enough profit to cover your personal expenses
- Make sure there is enough left over to reinvest and keep the business going
- The one thing people almost always forget to take into consideration.
- Now we can go back to pricing and see if we’re covered.
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