We’ve opened registration for our first 2012 workshop; Am I Making Money? What it Takes to be in Business.
If you scratch your head wondering whether your business idea will actually pay the bills, then this workshop is for you! The ability to get paid is what distinguishes a business from a hobby. Many go into business because they have a compelling vision to improve the world around them. However, turning your dream into a reality is not possible without a sound understanding of your balance sheet.
In this workshop, you will learn how to:
- Develop your own “Elevator Speech” to use to network your business
- Identify the costs of doing business and distinguish between variable and fixed costs
- Determine your break-even point and the amount you need to sell to pay yourself
- Measure your profit or loss
- Understand how cash flow works Continue reading
