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Know Your Business Numbers - Grow Your Profits!
Knowledge is Power to Grow Your Profits & Sales!
Welcome to the Course (7:52)
How to Get the Most Out of the Course (3:52)
Updates to Course (1:00)
Profits Come from Knowing Your Business Numbers
The Flow of Money Through Your Business - The #1 Calculation (3:09)
The Game is Profit Not Only Sales (4:21)
Profit & Loss Income Statement
What is a Profit & Loss Income Statement? (2:41)
The #1 Calculation You Need to Know (2:21)
Income / Sales / Revenue (4:08)
Cost of Goods Sold (COGS) (5:44)
The Gross Margin Line (1:24)
Operational Expeneses (4:28)
Net Income Line (3:03)
The Power of Trends (8:31)
Using Your P&L to Price Better (2:16)
Pricing Products Correctly - BONUS Video (8:58)
Pricing Services Correctly - BONUS Video (11:23)
What About Taxes? (9:47)
Recap the P&L Section (5:08)
BONUS P&L Items
Printable P&L Guide
3 Year Trend Tracker
EBIT & EBITDA Just in Case You Wanted to Know (6:15)
Gross Margin Dollars & Gross Margin %
What is Gross Margin? (3:54)
Calculation Gross Margin $ & % (11:32)
Using GM to Figure Your Sales Goal (10:39)
Pricing - How GM Effects Your Pricing Strategy (8:14)
Pricing - GM$ vs GM% (9:21)
BONUS: Additional Examples of Calculation (6:40)
GM - Cheatcheets, Worksheets & Spreadsheets
BONUS Materials
Break-Even Point - How to Calculate Yours
What is a Break-Even Point? (3:37)
How to Calculate Your Break-Even Point (14:16)
Tool for Calculating Out Your Break-Even Points by Month
Your Balance Sheet
What is a Balance Sheet (6:27)
How to Read a Balance Sheet (4:39)
Creating a Balance Sheet (8:10)
Spreadsheet Download - Create Your Own Balance Sheet
Business Terms to Understand
The Basics We Will Cover (3:45)
Key Business Terms (10:49)
Profit & Loss Terms (6:59)
Financial Reports You Will Hear About (9:38)
Accounting Terms in a Guide (2:16)
Idea? Question?
Have a Question or Idea?
BONUS: Profit & Loss (Income) Statement 2019 VERSION
What is a P & L Statement? (3:52)
How Do You Read a P & L? (3:47)
Sales - Income - Revenue (8:36)
Cost of Goods Sold - COGS (13:39)
Expenses (14:37)
Understanding Profit Lines (10:50)
The Power of Stacking (16:46)
Why You Need a Budget (14:14)
Pay Yourself First! (8:35)
Pulling it All Together (12:35)
P & L - Cheatsheet
What is a Break-Even Point?
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