In this webinar, Chris Elmore and Kerry Webb will introduce you to an essential topic of the Owner Series: knowing and understanding your True Breakeven. Your True Breakeven is when sales = cost of goods sold + expenses, and it’s a critical part of having financial awareness as a business owner.
What’s Covered in This Owners Webinar:
- An explanation of the Profit and Loss Statement and the Balance Sheet. This will give you a basic understanding of those two financial statements.
- How to calculate your true breakeven. Knowing your company’s true breakeven is essential to your success. To calculate your true breakeven, you must also have an understanding of how debt works in your business.
- What you can do once you know your True Breakeven – from what you pay your managers, to marketing spend, to forecasting for many years in the future.
- Success stories of past attendees of the Owner Series and current clients of SET.
We cover these principles (and more) in-depth in our PRESS PLAY training for home service business owners. If you would like to know more about how the Owner Series can change your business, fill out the form below and we will reach out to you.
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