Critical Financial Skills for HR Business Owners
Event Information
About this event
Critical Financial Skills for HR Business Owners
Cost analysis and benchmarks can improve your business predictability and help you gain more financial control.
We are hosting a free online 60 min webinar for HR business owners on Wednesday 16 February - 10:00-11:00 am GMT.
We will look into the types of cost and how they impact your breakeven points, and financial benchmarks to increase your business profitability.
Places are limited to 15 participants to make the most of the interactive part of the session and to allow personalised responses to questions.
SESSION CONTENT:
- Financial Management 101 for HR
- Rule of 3 for your P&L with benchmarks
- Revenue structure for analysis
- Direct / Indirect / Variable / Fixed Costs
- Cashflow vs P&L
You'll walk away with knowledge of:
- How to have more financial control over your business
- How to maintain a healthy gross margin per account/service/product
- What are financial benchmarks in the HR industry to increase the predictability of your business
- What other companies do to ensure stability
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"Adina has been our financial advisor for about 10 years and changed how we do business. Thanks to her, we learned how to minimize costs and maximize profits. She also advises us on sales. Her help has been invaluable in helping us make better business decisions, and we depend on her calculations and advice to run our business most effectively.
I cannot recommend her highly enough. Every small or medium business owner will profit highly from working with her." Laura Klos Sokol, Klos Training