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DTSTART:20201020T180000Z
DTEND:20201021T191500Z
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SUMMARY:Wyoming SBDC webinar series on CARES Act Recovery Program
DESCRIPTION:The Wyoming SBDC Network has a brand new webinar series as part of our CARES Act Recovery Program.\n\n \n\nPresenter Steve LeFever of Profit Mastery has taught many successful workshops for the Wyoming SBDC Network in the past. He is back with us and is sharing a version of his Profit Mastery class with a COVID-19 recovery spin on it. \n\n \n\nThe following is information on each of the webinars:\n\n\n\nProfit Mastery\, COVID-19 Response Webinar Series for the Wyoming SBDC Network CARES Act Recovery Program\n\n\n\nMastering and Managing the Four Key Financial Performance Drivers for Business \n\nOctober 13 12pm-1:15pm\n\nhttps://zoom.us/meeting/register/tJwod-6urDouHtW5k9xj828PERTOyawZ-ow5\n\n\n\nOnce again\, a powerful financial downturn has highlighted the absolute necessity of improved financial acumen as a critical requirement for businesses. In this powerful\, application-driven overview\, Steve LeFever Profit Mastery Founder and CEO will take you on an intriguing journey through a set of company financials to measure and manage both profitability and cash flow.\n\nKey Topics:\n\n It's Just Numbers the "Myth"\n\n Four Critical Financial Drivers that Must Be Managed\n\n The "Scorecard and the Roadmap"\n\n The Impact of "Small Changes"\n\n Has There Been Enough Pain that Owners Will Finally Start Paying Attention?\n\n If You Don't Know Your Numbers\, You Don't Know Your Business!\n\n\n\nIt's a New World in Terms of Identifying and Managing Post-Pandemic Cost Structures in Your Business Strategic Insights on How to Do It and How to Use It \n\nOctober 20 12pm-1:15pm\n\nhttps://zoom.us/meeting/register/tJ0kdOmhrT8tHtzKbVc3fQKKvls0ZUP3jiFa\n\n\n\nOne of the most consistent messages I've received from the 20\,000 CPAs who have attended my Profit Mastery programs over the last 25 years is this: business owners don't pay enough attention to their cost structure you've got to "KNOW YOUR COSTS!"\n\nThe COVID-19 disruption will ultimately have a huge impact on the way business is done\, and with it will usher in cost structures that will be dramatically different than just a few months ago. Business owners who ignore these fundamental changes do so at their own peril. In this insightful journey "inside the P&L\," we will define the issue\, outline the solution\, and demonstrate how to use these insights in every operating decision you make.\n\nKey Topics:\n\n Break-Even Analysis: Your Most Powerful Management Tool\n\n Understand How Cost Patterns Impact Profits\n\n The Impact of Changing Cost Structures and Developing Relevant Pricing Strategies\n\n Your Magic Number What it is\, How to Calculate it\, and How to Use it in Every Operating Decision You Make\n\n\n\nWorking Capital Challenges in the Post-COVID-19 Growth Economy \n\nOctober 27 12pm-1:15pm\n\nhttps://zoom.us/meeting/register/tJEvduqurDwpHd2SlGM3HiwbpvF7A-3TzHjL\n\n\n\nThe COVID-19 disruption has placed tremendous stresses on almost every business\, and cash flow issues have been "top-of-mind" for everyone. In the recovery phase\, we expect that revenue growth will place significantly greater working capital requirements on many businesses causing growth-related cash flow issues for many. This will be especially relevant for businesses that have been forced to support operating losses by depleting their working capital.\n\nKey Topics:\n\n Define the "Working Capital Cycle"\n\n Utilize a case-study to illustrate the risk\n\n Identify key metrics to manage the situation\n\n Demonstrate the critical role of the Balance Sheet and how the P&L and Balance Sheet work together
X-ALT-DESC;FMTTYPE=text/html:The Wyoming SBDC Network has a brand new webinar series as part of our CARES Act Recovery Program.
\n \;
\nPresenter Steve LeFever of Profit Mastery has taught many successful workshops for the Wyoming SBDC Network in the past. He is back with us and is sharing a version of his Profit Mastery class with a COVID-19 recovery spin on it. \;
\n \;
\nThe following is information on each of the webinars:
\n
\nProfit Mastery\, COVID-19 Response Webinar Series for the Wyoming SBDC Network CARES Act Recovery Program
\n
\nMastering and Managing the Four Key Financial Performance Drivers for Business
\nOctober 13 12pm-1:15pm
\nhttps://zoom.us/meeting/register/tJwod-6urDouHtW5k9xj828PERTOyawZ-ow5
\n
\nOnce again\, a powerful financial downturn has highlighted the absolute necessity of improved financial acumen as a critical requirement for businesses. In this powerful\, application-driven overview\, Steve LeFever ─\; Profit Mastery Founder and CEO ─\; will take you on an intriguing journey through a set of company financials to measure and manage both profitability and cash flow.
\nKey Topics:
\n&bull\; It&rsquo\;s Just Numbers&hellip\;the &ldquo\;Myth&rdquo\;
\n&bull\; Four Critical Financial Drivers that Must Be Managed
\n&bull\; The &ldquo\;Scorecard and the Roadmap&rdquo\;
\n&bull\; The Impact of &ldquo\;Small Changes&rdquo\;
\n&bull\; Has There Been Enough Pain that Owners Will Finally Start Paying Attention?
\n&bull\; If You Don&rsquo\;t Know Your Numbers\, You Don&rsquo\;t Know Your Business!
\n
\nIt&rsquo\;s a New World in Terms of Identifying and Managing Post-Pandemic Cost Structures in Your Business ─\; Strategic Insights on How to Do It&hellip\;and How to Use It
\nOctober 20 12pm-1:15pm
\nhttps://zoom.us/meeting/register/tJ0kdOmhrT8tHtzKbVc3fQKKvls0ZUP3jiFa
\n
\nOne of the most consistent messages I&rsquo\;ve received from the 20\,000 CPAs who have attended my Profit Mastery programs over the last 25 years is this: business owners don&rsquo\;t pay enough attention to their cost structure&hellip\;you&rsquo\;ve got to &ldquo\;KNOW YOUR COSTS!&rdquo\;
\nThe COVID-19 disruption will ultimately have a huge impact on the way business is done\, and with it will usher in cost structures that will be dramatically different than just a few months ago. Business owners who ignore these fundamental changes do so at their own peril. In this insightful journey &ldquo\;inside the P&\;L\,&rdquo\; we will define the issue\, outline the solution\, and demonstrate how to use these insights in every operating decision you make.
\nKey Topics:
\n&bull\; Break-Even Analysis: Your Most Powerful Management Tool
\n&bull\; Understand How Cost Patterns Impact Profits
\n&bull\; The Impact of Changing Cost Structures ─\; and Developing Relevant Pricing Strategies
\n&bull\; Your Magic Number ─\; What it is\, How to Calculate it\, and How to Use it in Every Operating Decision You Make
\n
\nWorking Capital Challenges in the Post-COVID-19 Growth Economy
\nOctober 27 12pm-1:15pm
\nhttps://zoom.us/meeting/register/tJEvduqurDwpHd2SlGM3HiwbpvF7A-3TzHjL
\n
\nThe COVID-19 disruption has placed tremendous stresses on almost every business\, and cash flow issues have been &ldquo\;top-of-mind&rdquo\; for everyone. In the recovery phase\, we expect that revenue growth will place significantly greater working capital requirements on many businesses ─\; causing growth-related cash flow issues for many. This will be especially relevant for businesses that have been forced to support operating losses by depleting their working capital.
\nKey Topics:
\n&bull\; Define the &ldquo\;Working Capital Cycle&rdquo\;
\n&bull\; Utilize a case-study to illustrate the risk
\n&bull\; Identify key metrics to manage the situation
\n&bull\; Demonstrate the critical role of the Balance Sheet ─\; and how the P&\;L and Balance Sheet work together
LOCATION:On-line webinar series
UID:e.1258.26615
SEQUENCE:3
DTSTAMP:20240328T155559Z
URL:http://info.landerchamber.org/events/details/wyoming-sbdc-webinar-series-on-cares-act-recovery-program-10-20-2020-26615
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