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EPISODE 130: Basic Training - The Big 3 We covered the Financial Basics in Show 5. That show was focused on new business owners. Today we are taking those three statements and providing basic training for everybody else in the organization. People cannot contribute if they don't understand how the company performs over time and why what happened happened.
Topics: Testing Understanding How does marketing and sales impact the top line or the revenue line? Close Ratio's? Time in the Sales Process? How does operations affect COGS (Cost Of Goods Sold)? How does adminsitration (non-variable costs) impact overhead costs? How does employee turnover, accidents, sick days, etc. impact profit?
EPISODE 130: Basic Training - The Big 3 We covered the Financial Basics in Show 5. That show was focused on new business owners. Today we are taking those three statements and providing basic training for everybody else in the organization. People cannot contribute if they don't understand how the company performs over time and why what happened happened.
Topics: Testing Understanding How does marketing and sales impact the top line or the revenue line? Close Ratio's? Time in the Sales Process? How does operations affect COGS (Cost Of Goods Sold)? How does adminsitration (non-variable costs) impact overhead costs? How does employee turnover, accidents, sick days, etc. impact profit?