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When:
May 6, 2024 @ 9:30 am – 10:30 am
2024-05-06T09:30:00-07:00
2024-05-06T10:30:00-07:00
Cost:
Free
Contact:
Mon May 6, 2024
9:30 am – 10:30 am
9:30 am – 10:30 am
$24.00
You may be able to receive this workshop free of charge. Create an account or log in to your dashboard to check your eligibility here.
You may be able to receive this workshop free of charge. Create an account or log in to your dashboard to check your eligibility here.
Budgeting is a forecast of what your business will accomplish in the next time frame. Some companies spend weeks developing a budget, and some do it in the morning. What we all want is an effective tool that generates predictable profits. This workshop is about painless budgeting that works and gives owners control day by day.
All of us budget our personal money if only on the back of an envelope, to see if we have enough money to pay rent and buy that “toy” we always wanted. Business is no different, except that good businesses spend the time to develop good budgeting practices that keep them on track for a year or two at a time and lead to predictable profits. Then you can buy that toy!
Learning Outcomes:
- Budgeting tools. Measuring yourself against others in the industry using NAIC data.
- Debt: how much is tolerable and how to measure it.
- Tools to account for inflation
- Creating disaster reserves.
- Decisions: When should I buy that new software? When should I hire a new salesperson?
Participants will have the tools to make better money decisions, which will lead to more profit. More profit means the business will be more valuable.
