50. Financing Your Business – Debt Vs Equity
Financing Your Business – Debt versus Equity. What is the difference? Which is best for your business?
48. How much do I need to increase sales if I hire a new person?
In this video, I explain how to use the break-even formula to calculate the increase needed in sales if you hire a new employee.
47. Simple Formula To Make Better Financial Decisions
Before making a decision do you understand the financial impact? If you increase the price of a product, how much can sales drop before you have a problem?
45. Four Steps To Build a Strong Balance Sheet
The benefit of maintaining a strong balance sheet is it provides greater opportunities during the good times and provides shelter during the bad.
43. Design a Profit & Loss (Income) Statement That Is Relevant To Your Business
Do you spend too much time reading financial reports? Or too much time trying to find the information you need?
In this video, I show how you can design a Profit & Loss Statement that is simpler and more relevant for non-financial managers.
41. How to Link the Financial to Execution?
Many companies do not have a sound strategy that links behaviour to financial outcomes. One possible reason is the lack of a model which clearly shows the linkages between behaviour and financial outcomes.
40. Three Key Elements To Having Awesome Financial Reports
Financial reports are not a necessary evil. They can be helpful in making decisions to grow your business. To get the most out of your financial reports, you need to have the right balance of three elements.
39. A New CEO – Where do you start with the financials?
Here are five elements that a new CEO should consider when reviewing the financials.
38. Value Pricing
Many business owners work hard to get their product right and attracting potential customers. But spend little time on the decision that rewards all that hard work – setting the price.
37. Three Questions Business Owners Should Ask Their Accountant
You can learn a lot from your accountant but are you asking the right questions?
In this video, I discuss a simple framework to get more from your end of year visit to the accountant.