Your Best Strategy for Increasing Profits: Analyze Your Financial Statements

Every business wants to increase profits. But often micro and small businesses lose sight of profits in the whirlwind of day-to-day operations. Their strategy is this – increase sales, control expenses, and live to open for business another day. But that strategy is exhausting and often not the best way to increase profits. In this workshop, we’ll walk you through how you can develop a winning strategy for increasing profits by taking a closer look at your financials. Of course, we’ll look at your P&L with some special attention to COGS/Cost of Services, but we’ll also talk about what your Accounts Receivable, budget, cash flow, and balance sheet tell you. Come and discover the winning strategy for your business – it’s hiding in plain sight in your financials!

About the Instructor: Alison Chisolm is a serial entrepreneur having owned four businesses. She is currently the owner and principal consultant at Consultant Squared, a consulting firm dedicated to working with individuals, organizations, and initiatives that make rural communities thrive. She lives and works along the coolest West Coast on the East Coast — the NH side of the Connecticut River.