Profit Mastery Program

Get ready for a down-to-earth, hands-on, and practical workshop. One challenge in business is understanding how seemingly non-financial decisions affect cash flow and profitability. The reality, of course, is that any decision you make in your company affects your finances. Sound financial management is essential for business success. Unfortunately, most business owners have not been trained in accounting or finance. Over 90% of business failures are attributable to poor financial management. When you don’t know where you are, it is difficult to chart a future course.

Participants will work with case studies to learn how to solve the root cause of financial problems–instead of just treating the symptoms.  We’ll also show participants how to analyze company performance with financial ratios and how to use industry comparison analysis.  A key component of the ratio analysis is the Financial Road Map.  This valuable graphical tool will help business owners see how different parts of a company can drive financial performance.  Participants will understand what financial statements really tell them about their business operations and gain expertise and confidence to take action. You will leave the Profit Mastery Workshop with a process for evaluating your business and a strategy for implementing change.

Who Should Attend

Business owners, key managers, entrepreneurs, business advisors and others whose decisions have an impact on your company's financial performance. Profit Mastery is designed to enhance the financial management skills of all business people, regardless of your area of expertise.

When: April 24 AND May 1, 2007 from 8:30 AM – 12 Noon
Where: Bank of Illinois, uptown Normal
Registration Fee: $100 – includes 195 page work book valued at $45!

For more information about this specific course, please contact the Illinois Small Business Development Center at 309-438-3610 or sbdc@IllinoisState.edu

If you have a suggestion for a workshop or seminar topic, please email your suggestion to sbdc@IllinoisState.edu.

Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact the Illinois SBCD at 309-438-3610 to request any accommodations.