This is the third recommended course in our Small Business Made Easy sequence.
The first is Profit, the second is Cash Flow, and the third is Net Worth. We recommend you take these courses in sequence.
It's everything you need to know to run a business successfully but never learned.
I'm with you every step of the way to teach you how to play the small business game and win.
Building Net Worth is the key to building a business you can sell if you run it right.
The key to building Net Worth is building a strong Balance Sheet. What does that mean?
It means building equity in your business faster than building debt. It means growing profit and cash flow faster than growing debt. That's why we recommend you register for the Profit and Cash Flow courses first. Then take this course.
It means using debt to strengthen the financials of the business so bankers and investors will be happy to invest in your business.
Most small businesses have too much debt or business owners use the proceeds from loans for the wrong reasons.
As a former banker, I give you the inside scoop on how bankers and investors look at your business.
Your textbook is Accounting for the Numberphobic; A Survival Guide for Small Business Owners (Harper Collins).
What will you learn in this course?
Why? Because the business owner maximized Net Worth. You can too.
Are you a small business owner? Are you looking to start a small business? You've come to the right place.
I'm your guide every step of the way.
This course will show you step by step how to measure, manage and maximize Net Worth in a small business painlessly and quickly.
If you learn how to do this, your business will get preferred treatment from banks and investors.
Have you ever watched Shark Tank? Which business owners get the investment? The ones who know what's in this course!
How would your life change if you could double or triple monthly cash flow from operations without outside loans? It would probably change your life.
In this course you will learn the secrets you'll never learn in an accounting course:
Your textbook is Accounting for the Numberphobic; A Survival Guide for Small Business Owners (Harper Collins)
If you purchased it for the Profit Course or Cash Flow Course you don't need to purchase the book again. If you have not purchased the book, you can do so here: Numberphobic Book.
The book is illustrated by a former Disney artist Ron Bucalo who happens to be a very funny guy. It's a funny book on how to read your financial statements and keep score in your small business.
We encourage you to purchase the hardcopy version of the book and read along as the lectures recommend.
Finally, you don't have to have any business experience at all. You don't need any prerequisite courses to understand this course.
You just need to be able to read English, follow the course map, watch the videos, read the book chapters and watch your future open up in ways you could never have imagined. The comments on Amazon for the book should be an encouragement to you.
This course makes the book come alive.
I'll be checking my dashboard to see how you're progressing so don't wait! Listen to one video a day if you can. Put it on your calendar.
Net Worth is the difference between what you own and what you owe. Increasing net worth improves the sale value of your business. This course shows you how to do that.
If you have questions, you can always email me at dfotopulos@gmail.com
You should have a laptop, high speed internet connection, ability to read and understand English.