How well do you know the numbers for your business–specifically, your financial projections?
In addition to the usual bookkeeping and accounting reports, financial projections are a key building block for small business ownership success. A financial projection is what your business expects to happen, based on hypothetical situations using the facts and data you have available.
Financial projections are critical for many business actions: helping you identify financing needs, optimize your pricing, understand your cash flow for business expenditures, and so much more. For many of us, however, our numbers feel like learning a foreign language. How do you even know where to begin?
Two words: This bootcamp. In this two-hour virtual session, RAYNE IX Coaching & Consulting Founder, Small Business Strategist, and Executive Coach Kiley Peters will guide you through everything you need to own your financial projections, including:
Financial Definitions and Acronyms 101, because it’s easier (and frankly, pretty fun!) for us to work with our numbers once we know how to talk about them,
How to identify your financial projection levers–revenue, cost of goods sold, operating expenses, and estimated taxes–to give you an idea of where your business stands financially, and
How to take your financial projections and use them to power your sales KPIs
By the end of the two hours, you might even think your numbers–and the spreadsheets that contain them–are pretty sexy. Maybe.