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Business Acumen

Duration: 1 day
Course Price: $450

Build skills to increase “business acumen,” which is an understanding of how companies make money and a realization that a compelling vision can be effectively translated into an actionable strategy. We have all met people who have this ability, and we understand that this skill will carry these people much further than specialized expertise alone. This course will “jump start” your business acumen and help you develop compelling business strategies.

Course Length: Full Day

  • Business Acumen 101 & Essential Elements of Business (2 Hour Session)
    • What is Business Acumen
    • Assess and Plan to Improve Your Business Acumen
    • Learn the Five Essential Drivers of Business and Why They Matter (Customers, Cash, Profit, Growth & Velocity)
    • Mini Action Plan
  • Understanding Customers and Cash (2 Hour Session)
    • Identify and Analyze Your Customer's Needs and Wants
    • Understand and Increase Customer Engagement
    • How Cash is Generated and Why it's Critical
    • Help Your Business Be Cash Positive
    • How Owners Keep Cash Flowing
    • Mini Action Plan
  • Understanding Profit, Growth and Velocity (2 Hour Session)
    • Distinguish between Profit and Profit Margin
    • How Growth is Measured in Business
    • Develop a Growth Strategy in 5 Steps
    • Understand Velocity
    • Increase Business Velocity in 3 Steps
    • Mini Action Plan
  • Overview of Financial Statements-Including Samples (Supplemental Resources)
    • How Key Financial Statements Relate
      • Balance Sheet
      • Income Statements (Profit & Loss Account)
      • Cash Flow Statement
  • Final Action Plan

 

Target Audience

Anyone who wants to increase financial acumen, deepen your market orientation and improve your strategic skills will benefit from this course.  We are all better at our jobs when we understand how companies make money, what drives profitability and cash flow.  Business Acumen training can have a positive impact on employees at every level of an organization.

Build skills to increase “business acumen,” which is an understanding of how companies make money and a realization that a compelling vision can be effectively translated into an actionable strategy. We have all met people who have this ability, and we understand that this skill will carry these people much further than specialized expertise alone. This course will “jump start” your business acumen and help you develop compelling business strategies.

Course Length: Full Day

  • Business Acumen 101 & Essential Elements of Business (2 Hour Session)
    • What is Business Acumen
    • Assess and Plan to Improve Your Business Acumen
    • Learn the Five Essential Drivers of Business and Why They Matter (Customers, Cash, Profit, Growth & Velocity)
    • Mini Action Plan
  • Understanding Customers and Cash (2 Hour Session)
    • Identify and Analyze Your Customer's Needs and Wants
    • Understand and Increase Customer Engagement
    • How Cash is Generated and Why it's Critical
    • Help Your Business Be Cash Positive
    • How Owners Keep Cash Flowing
    • Mini Action Plan
  • Understanding Profit, Growth and Velocity (2 Hour Session)
    • Distinguish between Profit and Profit Margin
    • How Growth is Measured in Business
    • Develop a Growth Strategy in 5 Steps
    • Understand Velocity
    • Increase Business Velocity in 3 Steps
    • Mini Action Plan
  • Overview of Financial Statements-Including Samples (Supplemental Resources)
    • How Key Financial Statements Relate
      • Balance Sheet
      • Income Statements (Profit & Loss Account)
      • Cash Flow Statement
  • Final Action Plan

 

Target Audience

Anyone who wants to increase financial acumen, deepen your market orientation and improve your strategic skills will benefit from this course.  We are all better at our jobs when we understand how companies make money, what drives profitability and cash flow.  Business Acumen training can have a positive impact on employees at every level of an organization.

Prerequisites: No prerequisites for this course

Course Length: Full Day

- Business Acumen 101 & Essential Elements of Business (2 Hour Session)

-- What is Business Acumen

-- Assess and Plan to Improve Your Business Acumen

-- Learn the Five Essential Drivers of Business and Why They Matter (Customers, Cash, Profit, Growth & Velocity)

-- Mini Action Plan

- Understanding Customers and Cash (2 Hour Session)

Identify and Analyze Your Customer's Needs and Wants

-- Understand and Increase Customer Engagement

-- How Cash is Generated and Why it's Critical

-- Help Your Business Be Cash Positive

-- How Owners Keep Cash Flowing

-- Mini Action Plan

- Understanding Profit, Growth and Velocity (2 Hour Session)

Distinguish between Profit and Profit Margin

-- How Growth is Measured in BusinessDevelop a Growth Strategy in 5 Steps

-- Understand Velocity

-- Increase Business Velocity in 3 Steps

-- Mini Action Plan

- Overview of Financial Statements-Including Samples (Supplemental Resources)

-- How Key Financial Statements Relate

--- Balance Sheet

--- Income Statements (Profit & Loss Account)

--- Cash Flow Statement

- Final Action Plan

 

Target Audience

Anyone who wants to increase financial acumen, deepen your market orientation and improve your strategic skills will benefit from this course.  We are all better at our jobs when we understand how companies make money, what drives profitability and cash flow.  Business Acumen training can have a positive impact on employees at every level of an organization.

 

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