by admin | Sep 17, 2023 | Financial Training
You spend a lot of time recording transactions and producing your monthly financial statements. With all the work you put in, don’t forget to set aside time for the most important task: financial statement analysis. The term “financial statement...
by admin | Sep 11, 2023 | Financial Training
Have you ever read your financial statements and thought, “these don’t look right to me.” You are not alone. Many financial statements are riddled with errors. The best way to clean them up is to follow a process called a “balance sheet...
by admin | Jun 12, 2023 | Financial Training
Financial huddles allow you to build the income statement in real time. No more waiting for month end (and a few weeks after) to find out your financial results. You know right away. The best part is that your department managers build the income statement: They...
by admin | Jun 6, 2023 | Financial Training
In the video below we’ll review how to arm your department managers with the right financial reports and KPIs to properly manage their budget. Most department managers are “non-financial” managers. So, it’s important to keep the information...
by admin | May 31, 2023 | Financial Training, Uncategorized
How do you train your non-financial department managers to execute the financial plan and stay on track? In this post and short video, we’ll review tactics to train your managers in budget responsibility so that they can own their numbers. Keys to Success Good...
by admin | Mar 1, 2023 | Financial Training
Your wholesaler budget is the financial road map for the new year. In this post and short video we’ll look at a model you can use to build financial action plans into your budget. The first step is to assign an ‘owner’ to each line item in your...
