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Sabrina Antou - The 7 Golden Keys to Success in Business Finances: Understand Your Financial Accounts and Double Your Profitability!

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Sabrina Antou The 7 Golden Keys to Success in Business Finances: Understand Your Financial Accounts and Double Your Profitability!
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Are you a business owner or a manager with no financial background and are you feeling frustrated when it comes to look at your financial statements. Do you fear talking to your accountant or your banker because you dont know what hes talking about and worse what to answer him? In that Fast Track Guide to Business Finances, I have put together a unique training where I am sharing with you the results and the tools that I have been using for years that you can instantly use in your business without having to go through the hassle, stress and anxiety of having to look for the meaning of each single figure of your financial statements and relate it to what this corresponds to in your business.

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THE 7 GOLDEN KEYS TO SUCCESS IN BUSINESS FINANCES

Wake Up Financial Savvy and Double Your Profit

By Sabrina Antou
www.businessfinancesmadeeasy.com

Version 1.00
January, 2011

Limits of Liability & Disclaimer of Warranty

The author and publisher of this eBook and the associated materials have used their best efforts in preparing this material. The author and publisher make no representations or warranties with respect to the accuracy, applicability, fitness, or completeness of the contents of this material. They disclaim any warranties expressed or implied, merchantability, or fitness for any particular purpose. The author and publisher shall in no event be held liable for any loss or other damages, including but not limited to special, incidental, consequential, or other damages. If you have any doubts about anything, the advice of a competent professional should be sought.

This material contains elements protected under International and Federal Copyright laws and treaties. Any unauthorized reprint or use of this material is prohibited.

About the Author

Sabrina Antou the founder of Business Finances Made Easy has a Master in - photo 1 Sabrina Antou , the founder of Business Finances Made Easy, has a Master in Finance and has been working as a Credit Analyst since 2002 in Frankfurt and London City for some of the largest American and European investment banks such as J.P. Morgan, Citigroup, UBS and rating agency Moodys.

Sabrinas mission is to help business owners and entrepreneurs to become financial-savvy so that they can make profitable business decisions by looking at their financial statements in less than 10 minutes.

Business Finances Made Easy provides business owners like you with a 3-step process through which:

1. You learn to understand your finances perfectly,

2. You find out which key figures to point out to your banker to show you are performing well, and

3. You receive a tailor-made so-called Investor Presentation on your business and your finances that you will be able to use for any business meeting.

Business Finances Made Easy offers Video Trainin g sessions , Webinars, eBooks, Workshops and One-to-One Coac h ing Sessions .

You can reach founder Sabrina Antou at www.businessfinancesmadeeasy.com

Table of Contents

Introduction Why Did I Create This Training On December 17 th 2010 I was - photo 2

Introduction

Why Did I Create This Training?

On December, 17 th 2010, I was invited as a guest speaker to give a presentation at a 2-day business seminar on my area of expertise: credit and business risks. I chose to present the following topic: What do you need to tell to your banker to have your business loan approved? During that presentation I uncovered what bankers are really after and I went through the different key elements any business owner needs to know and needs to be aware of in order to get their loan approved which first and foremost is about understanding their finances.

The audience was extremely responsive and took away a lot of key information that opened their eyes and helped them take better business decisions which put them in a much better position when it came to their finances.

I have created this training to help you understand what you need to know when it comes to your business finances so that you can feel in control and be in control of your finances in your business. Once you complete my training, you will be able to make profitable business decisions by looking at your financial statements in less than 10 minutes.

If you are a business owner and are currently struggling with that side of your business, and if you have no financial background, this training has been designed for you. It will help you gain a good understanding of the essentials in finance without having to get a degree in finance.

I have synthesized and given you the best of my experience gathered in Investment Banking and Risk Management as a Credit Analyst. Understanding financial statements is not rocket science, believe me. Its a very simple process. However, there is a secret. And the secret lies within the terminology. I am convinced that whenever your accountant is having a discussion with you regarding your finances, the first barrier between you and him/her is his language, i.e. the words he uses to talk about your finances. At the end of this training, I can assure you that not only will you have mastered the terminology and be able to tell me what is the difference between gross margin and operating margin, where to look to see if you can make some cuts but also you will be able to tell your accountant what you expect from him and what you want him to do.

I have been working with business owners who, just after having implemented what I shared with them, saw massive improvement in the way they handled their finances and felt more at ease to expand their business as they knew where they were standing from a financial perspective. You can watch and listen to their testimonials HE R E .

I have structured this training as follows:

In Chapter 1, I will uncover the key elements any business owner should know before anything else when it comes to his business from a financial perspective.

In Chapter 2 , I will disclose a technique that you can use any time you look at your finances so that your financial accounts will no longer be a mystery to you.

In Chapter 3 , you will learn what you need to look at and use to be able to stand for your business and tell the story of your financial statements without any fear of quoting the wrong figure or the wrong statement, thanks to the technique I will be disclosing to you.

In Chapter 4 , you will learn what to say to your banker or any business meeting that will demonstrate how strong your business is so that you can dominate the meeting and get what you want out of it.

After Chapter 5 , you will have all the elements you need to make sure your financials look terrific and you will be telling your accountant what to do.

In Chapter 6 , you will know all the secrets you need to make sure you can close any deal when it comes to your finances.

And the cherry on the cake comes in Chapter 7 , where you will become your own fortune-teller and will be able to determine what is likely to happen with your business within the next 3-5 years.

Feeling excited to start the journey?

Welcome on boar d Let the journey begin!

Chapter 1 : Why Your Business Cannot Survive Without Financial Statements

Even though this sounds like a blunt statement, I am telling the truth here. Understanding your financial accounts is one of the magic steps you need to take towards business management mastery. Once you gain control over your finances and you understand what every single figure of your income statement means, not only will you feel but you will BE IN CONTROL of your business.

1.1 Your Financial Statements Are The Keys To Business Finances Mastery

The following section will help you answer the following questions:

The real meaning of financial statements terms.

The real purpose of financial statements as a business owner.

How to look at your income statement to see if your business is profitable.

1.1.1 What Is A Financial Statement?

When you research the term financial statement on the net, one common definition you are likely to find is from the Wikipedia definition, which appears as the following:

A financial statement (or financial report) is a formal record of the financial activities of a business, person, or other entity. A financial statement is often referred to as an account, although the term 'financial statement' is also used, particularly by accountants .

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