Financial Foundation – Session 4

Hosted by: Denise MacDonald and Steve Fisher

The TTM is an invaluable accounting tool that allows us to look back and spot trends over time. But to scale a business up or down through any market condition and survive, we must look forward and plan accordingly. A Pro Forma, also generated monthly, allows us to forecast how the business is likely to perform in the future by projecting the potential financial impact of hypothetical strategies. A Pro Forma empowers us to justify the decisions we make in our business.

In this session, we will explore:

Using a Pro Forma to numerically test potential strategies in the service industry versus the manufacturing industry
How to calculate break-even
The role of break-even analysis in decision-making

Seminar 4 Powerpoint

Seminar 4 Spreadsheet

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