Understanding Your Financial Dashboard

 

Understanding Your Financial Dashboard

Understanding your financial dashboard in non accountant language should be enjoyable and is crucial to business success.

Upcoming dates:

Regina: November 13th. Learn more here

Saskatoon: November 27th. Learn more here

Taking time to read your financial dashboard is often difficult to do – there are too many competing priorities in your business. However, this dashboard is the most powerful tool in your arsenal to assess your financial progress and make wise decisions. Figuring out the key numbers on your balance sheet, income statement and cash flow statement, will help you determine if your business is on track. We realize that not everybody is an accountant but understanding your financial dashboard should be enjoyable and is crucial to business success. To learn more see our brochure here

Quotes from Norm Brodsky, Street Smarts columnist and senior contributing editor for Inc. magazine:

“Knowing how to read your financial dashboard is the key to survival. In my experience, 90% of people who start a small business have no clue how to read their financials. That’s why most don’t survive. Most small business managers think it’s complicated, so their afraid of it. It’s really easy to teach people how to monitor what drives their business success.”

“You can hire someone to do the accounting work, but you can’t hire someone to understand your numbers. That is your job as an entrepreneur.”

 

Financial Dashboard 101 Agenda

Understanding your financial dashboard in non accountant language.

  • Income statement

  • Break-even point

  • Profit formula

  • Cash Flow

  • Balance Sheet

For more information on the 1/2 day training session, contact us. 

 

 



More Information

We can help you with Understanding Your Financial Dashboard or any other accounting or business needs you may have. Contact us and we'll be in touch soon.

If you know your Virtus Advisor’s name, please select it from the list below to contact them directly. If you don't already have a Virtus Advisor, please select No Advisor below and we will have someone contact you shortly.