The Fiscal Physical: Get Control Of Your Business, 5/18- Bozeman, 5/20- Missoula

We have definitely moved past "the good ol’ days". Business owners are facing growing challenges – an
uncertain economy, increasing competition, narrowing margins and expanding networks. Clearly, financial
success requires more than just "showing up". It can start or be re-ignited by taking stock of your business
and yourself. There will be winners – and there will be losers. This program is about being a winner – it’s a
wake-up call to take action!

Presented by Carl Forssen,
SVP of Business Resource Services

Participants will learn about the primary causes of business success and business failure.

We’ll introduce
the “Seven Steps to Fiscal Fitness” to underscore the importance of routinely measuring the financial health
of your business.

We’ll then take you on a powerful analytical journey through a set of financial statements
to help you discover – using a unique financial Road Map – key areas that may need immediate attention in
your own business.

Utilizing this Road Map and a case study, you will be able to identify ways to increase
cash flow and profitability – and that’s good news!
You know your costs, right?

Do you know how those costs behave in your business? We firmly maintain
this information ought to be “walking around in your head” knowledge. Not only does the behavior of these
costs have a significant impact upon profitability, but also it should impact your marketing strategy.

To
impact today and tomorrow, learn to answer questions such as:

• If I buy new equipment, how much will I need in sales to cover the costs?

• If my sales drop off, how much do I need to cut my costs to come out the same?

• How much do I need to sell if I want to earn a specific profit?

Break-even analysis is the power-tool to make short work of these questions. Come learn to master the
most practical financial tool available to owners and managers today.

PLEASE BRING A CALCULATOR!

5/18- Bozeman, 5/20- Missoula

Contact: 206.284.5102 · [email protected]

Missoula info: http://www.matr.net/files/DayOneflyerBRSversion.pdf

Register for the Missoula event by contacting Kaye at office – 728-9234 ext 206.

Register for Bozeman by contacting Tracey Jette at GDC – 587-3113.

Business Resource Services, Inc.

200 First Avenue West · Suite 301 · Seattle, WA 98119

206.284.5102 ·

[email protected]

The Fiscal Physical: Get Control of
Your Business

7:30-8:00 REGISTRATION

8:00-10:00 INTRODUCTION AND OVERVIEW
• Business Owner Roles, Responsibilities, and Management Styles
• The Seven Financial Reasons Businesses Fail
• The Impact of Sound Financial Management
• The Working Capital Cycle
• The Financial Operating Cycle
• Managing the Cycles More Efficiently

10:00-10:15 Morning Break

10:15-12:00 MONITORING FINANCIAL POSITION
• Understanding the Income Statement: Taking A New Look
• The Role of the Balance Sheet: Understanding the “Forgotten Statement”
• Using Financial Ratios to Measure Efficiency and Plan For Greater Success
• Case Study and Practical Application

12:00-1:00 Lunch

1:00-3:00 CAUSE & EFFECT: THE ROADMAP TO A BIGGER BOTTOM LINE
• Using Financial Ratios to Measure Efficiency
• The Importance of Industry Parameters and Other Financial Guidelines
• Identifying Financial Distress
• Seeing the Symptom
• Identifying the Cause of the Problem
• Prescribing A Cure
• Improving Cash Flow, Profitability, and Operating Efficiencies

3:00-3:15 Afternoon Break

3:15-5:00 INCOME STATEMENT: BREAK-EVEN ANALYSIS
Strategic Application of Break-Even:
• Managing the Income Statement from the Bottom Up
• Understanding Cost Behavior: Fixed & Variable Cost Patterns
• Contribution Margin: Planning for Profits
• Applying Break-Even In Your Own Business
• Cost/Benefit Analysis
• Case Study and Practical Application

Business Resource Services, Inc.

200 First Avenue West · Suite 301 · Seattle, WA 98119

206.284.5102 · [email protected]