When you’re growing a business, the state of your bank balance is really not sufficient evidence of how your business is doing. This strategy may work when you’re starting out but as you grow you need more sophisticated measures of your finances. Unfortunately most businesses fail to improve their systems as they grow and so are not in a position to have a clear picture of their profitability and progress. (I’m no longer surprised by how many businesses do not know what it costs to ‘open the doors’ or whether they are turning a profit.)
Many of us start businesses with little financial education and training. Those that do well in the long run DO have a sense of what it takes to make a business successful financially. Your business can be different. You can be empowered to be well informed, with some straight-forward methods for managing your finances. Personally, figures are still not my strength. But I have studied and put in place systems (and people) to ensure that I am on top of things.
On today’s Business Growth webinar we’ll look at just how it is that you can know exactly how your business is performing financially.
Expert presenter and trusted advisor, Bruce Whiting, is one of today’s presenters on the Effective Growth Management strategies webinar during which we’ll look at how to:
- Ensure your ‘accounting room’ is operating correctly
- Know you’re getting the right financial results – measuring the right indicators
- Get accurate monthly reporting
- Develop links with financiers
And if you’re ready for the accountability that a board can give any business, you’ll also get tips on how to work towards getting your own board in place. WEBINAR DETAILS Date: Wednesday, 25 November 2009 Time: 10.15am for 10.30am – 12.00noon AEDST Venue: Webinar Price: Growth Members — No Charge, StartUp Members — $39, Non-Members — $59
I hope you’ll join me at 10.30am today.
Sincerely, Suzi Dafnis — CEO
P.S. The second part of the presentation deals with how to manage your human resources as you grow. If you’re growing… you’re going to have to strategies your team (whether they be salaried, contractors, virtual or inhouse). We’ll look at how to make the best decisions to suit your business vision.
P.P.S. Members – remember to login to get your discounted rates.
