A Simple Guide to Running Your Business by the Numbers

Provider: Informa
Discipline: Ethics & Business Practices
Credits: 1.50

You used to be able to make a profit running your company by the seat of your pants, but not anymore. This session will teach you how to use numbers to generate higher profits, avoid boom and bust times and make better business decisions. Increase your understanding of financial concepts and principles. Learn how to create a break-even analysis to improve profitability. Discover how you can make more money by understanding the nature of your costs.

1. Analyze your costs to determine what components of your business are and are not profitable
2. Discuss the mathematical calculations of overhead and why you may appear to make money on a job yet have very little cash in the bank
3. Apply financial management understanding to decisions, projects and staffing
4. Create a breakeven analysis to manage growth and profits

For more information please visit www.worldofconcrete.com or contact Informa at 972-536-6416.

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