Welcome Tracey Loubser Confident Cashflows - - PowerPoint PPT Presentation

Tracey Loubser Confident Cashflows

Welcome

http://www.efinancialmanagement.com.au/

• Name
• Your line of business : Service &/or Product
• Biggest challenge
• What achieve through this webinar

Attendees Introductions

http://www.efinancialmanagement.com.au/

• Purely interactive Webinar
• Each week : One focus area
• No more than 1 hour home –

“play” each week

• Email or fax for review by

Tuesday.

• Feel Free – SHOUT !!

Webinar Guidelines

http://www.efinancialmanagement.com.au/

Missing Link Syndrome : Chap 1 Pg 6

Bookkeeper Accountant

YOU

FACT : 87% Australian Small business failures – people don't understand the MONEY side of their business.

The PLAN

1.Chapter 7 : Turn up that TURNOVER fast!! Revenue model (end in mind first) 2.Chapter 5 : Find hidden – Make money – Costs Feed PROFIT and not DRAIN profit. (core of forecast

model and cashflow management)

3.Chapter 3 / 4 : Focus on Good, Bad & Ugly - so we can FIX UGLY’s FAST!

Marketing = Key to Financial Success ? Agreed ? RIGHT Marketing RIGHT Product RIGHT Price RIGHT Cost (T/$)

The Revenue Funnel : Chap 7

Number side : Right Product / Service + right Price Marketing side : Right Marketing

Chapter 7

Stop ....

Trying this...then that....

• 1. Do the numbers
• 2. What do the

numbers say

• 3. Then...do the

Marketing

FREE: Duplicate Easily : 10 Top Tips : Email marketing /

Newsletters / Social media

Cheap product : Books / CD’s / downloads 1st in person contact: Group:

Presentations / Self help / Support .....

One on One Contact:

Once off

Monthly One

• n one

Continuous

1 2 3 4 5 6

Monthly

Performance Review & Feedback

2 3 4 5 6 1

Then

FREE: 7 step video E-course, A chapter of Profit Success pack,

Website blog articles on web, email marketing, Social media. Previews

Low Cost Peak Product Performance: (DVD & Success

pack / 7 Steps for Profit & Cashflow Success. Cloud Bookkeeping program (save time&money)

Group presentations : Webinar series (3

parts), Half & Full day workshops

Me One-on-one : Pricing

Optimization , Expense Efficiency package & Setup of Confident Cashflow model

Monthly/Quarterly

Performance Review & Feedback Confident Cashflow coaching ??

2 3 4 5 6 1

Now

• Only 4 levels (Free not incl + Last level)
• See how L 2 : With only 500 “Low Cost units” = $23 500
• L3 : only 10% conv rate = earn $ 12 350
• L4 : Only 8 of the 50 = $8 000
• = $43 500 (1/2 original $99k ) EASY
• FORECAST is now : $100k plan thats do-able!!

Chapter 7 : Page 9

FREE: Duplicate Easily : 10 Top Tips : Email marketing /

Newsletters / Social media

Cheap product : Books / CD’s / downloads 1st in person contact: Group:

Presentations / Self help / Support .....

One on One Contact:

Once off

Monthly One

• n one

Continuous

1 2 3 4 5 6

Next Week : The costs linked to each

• level. Home”play”

http://www.efinancialmanagement.com.au/

• 1. Read Chapter 7 (Turn up Turnover)
• 2. Brainstorm a few ideas each level : Pg 7+8
• 3. Set a draft Revenue Model spreadsheet Pg 10

(link on website)

• 4. Read Chapter 5 (Find Hidden costs.....)

Lack of quantification costs small business’ millions every year. Without the numbers you cant possibly know where you are, with the numbers your business will become alive with possibilities!” E-Myth Revisited – Michael Gerber

Remember