Join Us for our Budgeting, Break Even & Sales Forecasting Mastery Session Budgeting is a critical part of planning for a successful business. Where do you begin?
Budgeting is a critical part of planning for a successful business. Where do you begin? In this workshop, you will learn essential skills to design and implement a financial road map for your business and turn more of your business decisions into measurable, financial results!
We will begin with understanding your break-even point, and then, add how to build profit into our break-even. This empowers you to understand your sales target necessary to achieve your desired level of profitability. Then, we will learn how to design your sales road map to hit your sales target. While it’s good to have hope, it alone is no strategy for successful long term business. Knowing the key metrics you need to hit every month, or year, to reach your sales goal is done so by laying out 2-4 specific targets you can measure mid-month to know whether you’re on track or not.
We will learn how project expenses and other cash outlays to give us an idea of our expenses and cash needs, completing the budgeting process. This will give us the road map to compare our numbers every month after we receive our financial statements. We’ll compare where we are now and how we’ll get to where we want to be. By having that monthly comparison you will understand what decisions and activities need to shift to continue to improve your financial results. This knowledge will be a valuable tool as a business owner to manage and lead your business to financial success.
Fundamentals of Budgeting Workshop
Learn the principles of good budgeting
- Learn how to forecast sales and expenses
- Learn how to put a budget together
- Budget for profitability and cash flow
- Utilize a 6-week cash flow forecast
- An in-depth look at KPI’s
(Friday) 10:30 am - 12:30 pm
EWH Small Business Accounting S.C.
20670 Watertown Road, Waukesha, WI 53186