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Collecting Receivables and Managing Your Cash Flow | HST/Income Tax | Introduction to Bookkeeping | Inventory Management | Reducing Your Breakeven | Setting the Right Price for Your Product or Service | Cash Flow Management | Accounts Receivables | Understanding the Numbers | A Guide to Business Financing

Understanding the Numbers

Facilitator: Louie Surette & Randy Sears

This workshop will teach a business owner how to use financial statements and financial data to guide, plan and run your business for optimal results.

The workshop will address the following specific objectives:

  • How to understand, analyze and interpret a Profit & Loss Statement and a Balance Sheet
  • How to use Key Performance Indicators (KPIs)
  • Financial Ratios and benchmarks and How to manage your business for improvement through GAP Analysis
  • Sales Mix and Revenue Source Planning
  • Inventory and Accounts Receivable Analysis
  • Understanding Profit versus Cash Flow
Duration: 1 day

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