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Beginner
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5 lessons
Finance
Understand and master the financial side of your business: margins, cash flow, pricing and profitability.
Curriculum — 5 lessons
1
Calculating Margins
The three levels of margin to know Margin isn't a single concept. In retail, there are several levels, each gi…
2
Cash Flow Management
Profit and cash flow: two very different realities You can be profitable on paper and still run out of money. …
3
Reading a Profit and Loss Statement
The P&L statement: your annual health check The profit and loss (P&L) statement summarizes your entire…
4
Setting Prices
Why pricing is critical Price is the most powerful lever for your profitability. A 5% price increase, with the…
5
Business Profitability
Profitability: beyond revenue Making revenue doesn't mean being profitable. A business can sell a lot and stil…
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