How to leverage your P&L like an MBA
What you'll learn
- Understand the parts of the P&L Statement
- Compare Performance over time and industry
- The Compound Effect on Revenue
- Manage COGS
- Manage Expenses
- Must be familiar with spreadsheets, expertise is not required
- Must be interested in building and growing business
Failure to understand how cash flow affects your business or poor cash flow management is one of the leading causes of business failure.
How well you read and understand the story that your P&L is trying to tell you will dramatically improve your ability to make more money, keep more in profits and increase your businesses resell value.
This course will help you
quickly understand the parts of the P&L statement
compare your P&L with industry averages
show you how to analyze your P&L statements over time
create the powerful "Simple P&L"
unlock the secrets to managing the 4 inputs to increase your topline revenue
analyze price as a function of the "Simple P&L"
show you how to control Cost of Goods Sold
how to cut overhead costs resulting in higher Net Profits
As a bonus, we will also break down what it means to "Make a million dollars, Gross a million dollars and Net a million dollars"
If you want to leverage your P&L statement like an MBA without having to get an MBA and have this course pay for itself within the first few lessons.
Note: Although purchasing this course does not constitute a formal coaching or consulting agreement, any communications about your particular business or financial situation will be kept in strict confidence.
Who this course is for:
- Business owners who want to better understand their business
- Business owners who want to grow their business
- Business students of all ages and experience levels
Robert has been a volunteer business coach with the Women's Business Center at Florida Institute of Technology in Melbourne Florida for the past 4 years helping dozens of business owners through growth phases they knew were needed but didn't know how to do it. He's also the president of Central Florida Cloud, a cloud IT services business helping businesses transition their workloads to the cloud.
Robert holds a masters in business administration, a bachelors degree in computer information systems and philosophy.
He has had the opportunity to work in business process automation for much of the past 25 years for a broad array of business and government organizations.