07/06/2015
Another area of the business which invariably requires an overhaul is the money controls.
For many business owners, this subject can be quite an awkward one, whereby they feel embarrassed, or inadequate, because they don’t know all their figures. However, to make you feel better, it is very much the majority (rather than minority) of owners who are in this position, ranging from the relatively minor “crimes” of not setting targets, or knowing your numbers in terms of leads and conversion rates, through not setting and writing cashflows, to the unforgiveable lack of knowledge in terms of break-even, or even turnover levels.
Without having control over these things, how is it possible to run the business confidently? As someone once said, a pilot wouldn’t fly a plane without understanding all the dials, so how can a business owner run their business without having at least a basic understanding of the numbers.
So the process is to start by first and foremost nailing down the break-even point. We then set targets (in line with long term business goals), and then produce a cashflow to give you budgets to work towards, and of course controls for you to check that the business is running as you expected it to. We then work on the lead generation, conversion rates, and average sales levels to work out ways of increasing turnover and profits.
By learning all these techniques and processes, you will rapidly grow in confidence; stop making excuses for not working on the figures, and start to create a profitable business with excellent monetary controls
Here's your chance! Let Abdul Raoof give you some insight on this upcoming event.
Date: Jun 19th 2015, Friday
Time: 1900 hrs to 2200 hrs
Date: Jun 20th 2015, Saturday
Time: 0900 hrs to 1800 hrs
Venue: 50 First Centre #07-10 Serangoon North Avenue 4 Singapore 555856
Mark your calendar & book your seat NOW.
Desmond Kiew - 9277 227
Elijah Lim - 9711 9005
Leeo - 9647 3472
Come to grips with your finances! http://ow.ly/Nnvhr
This one-and-a-half day workshop is scheduled for 19 and 20 Jun 2015. Assoc Prof Abdul Raoof will help you get a firm grip on one of the most essential, and one of the most neglected, aspects of ru...