Workshops

We offer custom designed workshops at your facility or ours. This is an example of a workshop held recently in the Boston area.

Making Your Financial Statements Work

How you can use your financial statement as a tool to make your business grow!

Making Your Financial Statements Work is a practical workshop designed for business owners who want to make their businesses more successful by using their financial statements to propel strategic plans.

Here’s why you should attend this workshop: your financial statements are a puzzle, your bank is displeased with your financial reports, your increased sales are not showing in your bottom line, your cash flow is weak, or you have another financial management problems you would like to discuss.

Is your balance sheet confusing? Is your accounting system a management asset?

Your Accounting System SHOULD NOT:

Only be a vehicle to invoice customers and pay bills.
Nor should it be only something your CPA prepares for you at year-end so you can file your taxes.

Your Accounting System SHOULD:

Be the report card to quickly evaluate your operation.
Tell you how you are making money or why you are losing it.
Demonstrate your breakeven point?
Answer questions like: How would your bottom line benefit from a 10% sales increase?

During this workshop, you’ll learn these valuable financial management skills:

You will learn the power of “outside-in” thinking ! See how your financial statement can measure the progress you’re making against your strategic plan. No theoretical exercises! You‘ll learn how to set objectives and how to act immediately to achieve them.
You will learn how to design an income statement that supports the strategic plan. How not to be “sucked into” the detail before you have the big picture.
The balance sheet is critical. You will learn how to read it and manage it.

For more information about this or other workshops, contact Bob Thompson at 978-255-1236 or bt@thecfoconnection.com