Author's Notes
We are introducing a new format to our Show Notes and Broadcasts. We received feedback our podcasts are too long (average 26 minutes). The shows have been restructured into 13 minute segments - each with a specific objective. Segment 1: What the show will cover and why it is important. Segment 2: What do you need to know to take action. Segment 3: How do you apply it and the tools available, and Segment 4: Tips and Insights from our experience. Thanx for the Feedback and keep it coming. What are Today's Topics & Why is it Important? Given your current situation, there is not a better time to make "Getting Right" the priority. Our experience has proven that if you view the business as a bank and all you have to do is look - there is money to be found. Today's Key Topics:
We left off the list Cash Flow Management and the Reduction of Variable and Fixed Costs for brevity. We will cover those issues in another show. Knowledge to Take Action
What You Need to Do The Get Right Plan The following is hypothetical plan we produced for a client last year. It is to demonstrate what is possible if you look at the business as a bank and discover the money hidden in your operation. Inventory
Accounts Payable
Accounts Receivable
Total Get Right Budget for Inventory, Accounts Payable, Accounts Receivable; and we are just getting started. Wait until Volume Three and we attack variable costs.
This is what you can expect from Mastering the Numbers
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