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Know Your Business Numbers
Knowledge is Power to Grow Your Profits & Sales!
Welcome to the Course (7:54)
How to Get the Most Out of the Course (4:20)
Don't Forget! - More to Come! (2:44)
Gross Margin Dollars & Gross Margin %
What is Gross Margin? (3:54)
Calculation Gross Margin $ & % (11:32)
Using GM to Figure Your Sales Goal (10:39)
Pricing - How GM Effects Your Pricing Strategy (8:14)
Pricing - GM$ vs GM% (9:21)
BONUS: Additional Examples of Calculation (6:40)
GM - Cheatcheets, Worksheets & Spreadsheets
BONUS Materials
Profit & Loss (Income) Statement
What is a P & L Statement? (3:52)
How Do You Read a P & L? (3:47)
Sales - Income - Revenue (8:36)
Cost of Goods Sold - COGS (13:39)
Expenses (14:37)
Understanding Profit Lines (10:50)
The Power of Stacking (16:46)
Why You Need a Budget (14:14)
Pay Yourself First! (8:35)
Pulling it All Together (12:35)
P & L - Cheatsheet
3 Year Trend Tracker
EBIT & EBITDA (6:15)
Break-Even Point - How to Calculate Yours
What is a Break-Even Point? (3:37)
How to Calculate Your Break-Even Point (14:16)
Tool for Calculating Out Your Break-Even Points by Month
Your Balance Sheet
What is a Balance Sheet (6:27)
How to Read a Balance Sheet (4:39)
Creating a Balance Sheet (8:10)
Spreadsheet Download - Create Your Own Balance Sheet
Business Terms to Understand
The Basics We Will Cover (3:45)
Key Business Terms (10:49)
Profit & Loss Terms (6:59)
Financial Reports You Will Hear About (9:38)
Accounting Terms in a Guide (2:16)
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The Power of Stacking
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