Every one of us has a different reason for pursuing entrepreneurship – and each one of us has different financial priorities.
For most of us, our businesses impact our personal finances and goals. Being able to reach those goals depends on creating a healthy, viable and profitable business. Profit can be a confusing subject so we’re busting the myths and making profit – make sense so you can focus on your end goal.
- What profit is and isn’t (Breaking profit myths)
- Connecting profit to your personal and business goals
- Getting your pricing right
- Getting your expenses right
- Understanding the difference between profit and profitability
- Calculating your profitability ratios
- Strategies for increasing profit margins (profitability)
- Profit questions every entrepreneur needs to ask
- Putting your profit to use: how it’s used
What level of skill do I need?
The program is suited to new and seasoned entrepreneurs. The program is designed to help you understand the concepts and how to apply them to your business. The goal isn’t to turn you into a banker or an accountant and you do not need a background in accounting, finance, or be strong in math to succeed. You’ll see why once we get going!
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Curriculum
- 6 Sections
- 5 Lessons
- 52 Weeks
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- Resources1
- Fireside Chat1
- Lesson 11
- Lesson 21
- Lesson 31
- Quiz1