Why Profit Mastery
For over 27 years, Profit Mastery has been delivered to hundreds of thousands of business owners, bankers, and accountants.
Profit Mastery is the international leader in the design, development, and implementation of financial management training programs, products, and services designed for entrepreneurs and the independent business sector.
You need to take this class if you are a business owner, manager, banker or anyone who has a say in the finances of a business.
No matter what your industry, type of company, or size of business, Profit Mastery workshops can help you get to the next level of performance.
Here are some of the most important things you’ll learn:
- Why seven of 10 businesses fail in the first five years.
- Why most business owners and employees believe that if a business is not successful, all it needs to do is increase sales and profitability will go up and why this is a myth.
- Why as sales increase, cash often goes down and not up.
- How every business owner should know their fixed and variable costs, contribution margin and “break even” point and what that means.
- How to do financial gap analysis so that you can understand the costs and related consequences of growth.>
- Why you shouldn’t borrow if you can’t pay it back.
- Why it is important to have a strong team of financial advisors including a banker.
- Why every business needs a transition plan and what that is.
Creating Value and Growth - Take Active Control of Your Business Video
When it comes to business ownership, for some reason we convince ourselves it’s better not to know, most of us don’t even want to think about this stuff! With a little practice we hope to teach you that finance is fun and as a result your company will thrive.
The Fiscal Physical Checklist consists of 35 management issues which, when completed, will help give your business the staying power and returns you want.