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
Requirements
Must be familiar with spreadsheets, expertise is not required
Must be interested in building and growing business
Description
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

Homepage

https://www.udemy.com/course/how-to-double-your-profit-like-an-mba/

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