Finding Profit: Practical Ways to Improve Your Bottom Line

Overview:

Is your business reaching its profit potential? Join the OCIE SBDC in this new course designed to help you quickly understand the overall financial health of your business and to identify practical opportunities for improvement. Remember: If your business isn’t profitable, you have a very expensive hobby.

Class 1: Fundamentals of Financial Health

  • How profitable are you now?
  • How profitable should you be?
  • Is your business model inherently flawed?

    Class 2: Profit Driver One: Managing Expenses
  • Is your cost of goods sold reasonable?
  • Are your fixed overhead and administrative expenses appropriate?
  • Are you managing debt properly?

    Class 3: Profit Driver Two: Optimizing Your Top Line
  • Is your pricing right?
  • Are your revenue streams balanced?
  • Do you have a sales strategy that works?

    Class 4: Profit Driver Three: Boosting Operational Efficiency
  • Adopting a business process improvement mindset
  • Optimizing inventory management
  • Technology as a productivity tool
Date & Time:
2024-09-04
Fee:

Stay

Current

Get Our Newsletter
Follow

Learn what San Bernardino County Economic Development can do for your business.

image
placeholder

Get

Inspired

We update our Instagram account daily to keep you up-to-date on what’s happening in San Bernardino County. Follow us @visitsbcounty.

  • image
    placeholder
  • image
    placeholder
  • image
    placeholder
  • image
    placeholder
Begin typing to see results