Understanding the Power of the P&L Statement
February 11, 18, 25
March 4, 11, 18, 2025
Time: 9am-10am
Location: Virtual - Zoom
Investment: GHAC Members $297; Nonmember $317
Join Liz Cloud in a dynamic virtual program designed to empower entrepreneurs and business owners with essential financial skills. Discover how to conduct a swift and straightforward analysis of your business’s financial health and leverage that knowledge to significantly boost profitability. The journey begins with decoding your Profit and Loss Statement (P&L), enabling you to make informed decisions that drive your business forward.
Savvy Business Owners Understand Financial Principles: Gain a solid grasp of fundamental financial concepts crucial for driving your business forward and making informed decisions that enhance profitability.
Understanding the Power of the P&L: Learn to effectively interpret your Profit and Loss Statement (P&L) to uncover insights that directly impact your bottom line. Master techniques to swiftly analyze financial data, enabling proactive decision-making.
Options for Increasing Revenue: Explore practical strategies to boost your business's income without significant additional effort. Discover six proven methods to increase your gross revenue, understand your breakeven point, and manage accounts receivable effectively.
Factors Affecting COGS & 6 Ways to Lower It: Delve into the factors influencing your Cost of Goods Sold (COGS) and learn six actionable strategies to reduce it. By optimizing your COGS, you'll enhance your Gross Profit Margin (GPM) and maximize profitability.
Multiple Ways to Lower Overhead: Identify and implement various approaches to reduce your overhead costs, freeing up resources for growth and innovation. Effectively managing fixed costs will positively impact your Net Profit Margin (NPM) and overall financial health.
Building Your P&L Statement: Learn how to build your profit and loss statement from scratch, discover your business’s true financial potential, and assess the potential effectiveness of Facebook advertising for your business.
In this comprehensive 6-session program, you'll gain mastery over your profit and loss statement, empowering you to streamline operations and unlock substantial profitability improvements. Join us to transform the way you manage your business finances and propel your enterprise toward greater success!
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