Measuring financial performance.
Being able to accurately measure past financial performance helps business owners/managers to assess performance and identify actions to improve future business performance. This webinar on ‘Measuring financial performance’ uses the numbers from a business’s Financial Statements to measure how efficiently a business is performing.
We’ll help you learn about:
- key performance indicators,
- how to measure those indicators, and
- interpreting the story they tell about your business.
This webinar may be helpful for anyone who is:
- considering starting a new business,
- currently manages or owns a business, or
- just wants to know more about measuring business financial performance.
The webinar covers:
- the Financial Operating Cycle which is a model that examines how money flows and is used in a business. Everything from the owner’s initial investment to how profits may be used to sustain a business and generate a return for the owners.
- the Working Capital Cycle, a model that illustrates working capital cash flows and demonstrates where cash may be getting caught up in a business.
- Developing a scorecard for your business to quickly evaluate how it’s currently performing.
It may be helpful to watch ‘Understanding Financial Statements’ as well. You may also wish to download the sample Financial Statements used during the webinar.