Module 1: What's Your Business Money Story? Do you feel embarrassed to charge your clients what you're worth? Put an end to self-sabotaging money beliefs by understanding how your money story impacts your financial decisions in your business. Once you write and share the money story you've been telling yourself for years, you will realise that you can tell yourself a new more empowering money story that will take your business to new heights.
Module 2: Understand The Numbers.Learning how to read financial statements is an important financial skill every business owner needs to understand. Have fun with Susan in this module as she brings the numbers to life! You will learn what the profit and loss and balance sheet really mean. Say goodbye to "pretending to understand" the financial statement when you're in the presence of your accountant!
Module 3: Understand the Key Financial Drivers.We (the bean counters!) call these KPI's, Key Performance Indicators. Without knowing your business's KPI's, you can't plan, you can't grow and you can't make a profit. This module will make or break your business. Susan's philosophy when it comes to KPI's is this: If cash is King, Profit is the Queen!
Module 4: It's all about the Sales targets.Your sales targets for the year will dictate what you do every week. We break it down from one year sales targets to daily activities. The sales will drive the business activities. Understand how the numbers will dictate what you do with your sales team. We are going to also use manifestation, vision board and branding strategies to attract the right customers.
Module 5: Let's do the Expense Budget.Yes we will do your business budget together. By the end of this module, you will end up with a budget that you understand, a budget that makes sense and a budget that you will use every month to guide your business growth. You will use this budget as you compare your actual with budgeted every month/quarter. You will use the budget to drive your marketing and sales strategy. You will be more excited about doing budgets than playing monopoly!
Module 6: Productivity is King.Without productivity, you have no profit and could end up running a loss. Learn how to set the productivity KPI's for each of your team members and monitor their performance every week. Improved productivity means the profit will be waiting for you at the end of the financial year. Make your accountant work hard to reduce the tax on that profit!
Module 7: Financial Management System in a Box.We bring the 6 modules altogether in a business financial plan so you can use it year in and out to ensure your business is not only on track, but it's growing and fulfilling its potential so you feel you've created a business that you are proud of its success, a business that you could sell in the future to finance your retirement and/or pass onto to your children.
Module 8: Business Finances drive personal finances. You won't believe the number of financial and tax strategies that you are allowed to use to reduce your business tax and build your personal wealth! Wealthy business people in Australia have been using these tax strategies and structures for decades and they pay big accounting firms lots of money to set these structures up and administer them. Find out how you can adopt the wealthy's strategies and structures for a fraction of the cost and reduce your tax so that you build and protect your family's wealth. Susan's 25 years specialist tax experience will come in handy in this module!
This is not just a feel-good course. It gives you real, practical steps that are easy to implement so you can build your Wealth Blueprint and implement your financial plan.
Learn at your convenience as we do monthly group calls and online homework before we meet to activate the quarterly plan for a day immersion (currently run in Sydney only).
Susan Wahhab is a Financial Strategist, CPA, SMSF Specialist and Tax Agent. Her 25 years of financial and tax skills have helped thousands of her clients become financially secure.