Operations & Business Development GRITT Business Coaching (PFSbrands Division) Republic, MO, United States
Business and Financial Literacy is at an all-time low in the United States, nearly 70% of Americans would fail a basic financial literacy assessment. As Employee Owners, it is imperative for us to have a basic understanding of how the companies “we own” perform financially. When we understand these basic principles, we can impact profitability and drive value to all of our fellow Employee Owners. Break out of the boring rhythm of classroom-style learning and into an interactive, fun experience! Experts have brought this business and financial literacy simulation to over a half million people worldwide. In this session, you will dispel the myth that business financials are complicated, and learning about numbers really can be fun!
Learning Objectives:
Understand and differentiate the financial scorecards (Income Statement, Cash Flow and Balance Sheet) and how they are used in your company
Draw a correlation of similarities between personal finances and business finances. You have a personal Income Statement, Cash Flow and Balance Sheet too
Understand how your business generates income and creates cash
Impact of collaborative teams when they are empowered and encouraged to be engaged around the financial performance of the company
Gain insight as to how Profitability, Cash Flow and Debt impacts ESOP share value
