Duration:
30
minutes,
including Q&A
Whether we wanted one or not, COVID-19 gave us all a crash course in business finance-specifically the importance of cash reserves and budget flexibility to help sustain us through leaner months. As businesses suddenly found themselves closed, those with organized and adaptable finances were already in a much better position to endure.
In this session, we will outline how to operate a business from a flexible financial plan, as well as the key elements of creating one.
What we'll cover:
- Understanding your profit margins
- The key metrics that dictate your finances
- How to create multiple budgets
- Reverse engineering your expenses for a profit-first plan
