Profit Mastery Course

Date and Time

Thursday Jun 1, 2017
8:00 AM - 5:00 PM MDT

Thursday, June 1 and Friday, June 2, 2017
8:00 am - 5:00 pm

Location

Salt Lake Small Business Development Center
Salt Lake Community College
Larry H. Miller Campus
9690 South 300 West
Corporate Partnership Center - Third Floor - Room 333
Sandy, UT 84070
 

Fees/Admission

Cost: $395.00   W/ Banner Bank discount (30% off) ($276.50)
16 hours of financial training.
Lunch is provided both days.
Dress comfortably and bring a calculator.

Website

https://www.regonline.com/profitmasteryutah

Contact Information

Bryce Hansen 801-957-5352
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Description

Gain the critical financial tools and skills to manage and advance your business!
 And become more profitable in the process.

MONITORING FINANCIAL POSITION
• Understanding the Income Statement
• The Roles of a Balance Sheet
• Financial Ratios & Efficiency
• Financial Cause & Effect
• Case Study & Practical Application

CAUSE & EFFECT: ROADMAP TO A BIGGER BOTTOM LINE
• Identifying Financial Distress
• Seeing the Symptom
• Identifying the Cause of the Problem
• Prescribing a Cure
• Improving Cash Flow and Profitability

INCOME STATEMENT: BREAK-EVEN ANALYSIS
• Managing Income Statement
• Understanding Cost Behavior
• Contribution Margin
• Applying Break-Even in Your Business
• Case Study and Application

PROFIT PLANNING AND CASH FLOW ANALYSIS
• Developing a Profit Plan & Budget
• Identifying Key Patterns of Cash Flow
• Developing Seasonal Cash Budgets
• Cash Forecasting as a Tool
• Funding Seasonal/Long-Term Growth

PLANNING AND MANAGING LONG-TERM GROWTH
• Role of the Balance Sheet
• Operating Leverage
• The Cost of Growth
• Planning Successful Growth
• Case Study & Practical Application

DEALING WITH BANKS AND FUNDING
• Understanding Loan Approval
• What Bankers Look For
• Putting a Package Together

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