Why 50% of managers can't differentiate between cash and profit ...
.. Because finance and accounting are not our specialty, and that's perfectly fine.
We are great at project management or operations or managing people or a host of other important skills necessary to do our jobs well. Sure we took business and economics courses many years ago, but that's fallen to the back of our memory because we may not have needed it for while.
Now, because of changing roles and promotions we are responsible for budgets, expenses, profitability and financial projections that call for just the essentials of finance. And we need to pick them up and refresh our knowledge in the easiest to understand way – fast (not via a dry textbook).
To become a more well-rounded manager and get on the positive side of that statistic, here's where to start ...
| Get this report and learn: - 10 important things your CFO wants you to know about Finance
- The Big Picture: what is the role of Finance in your company?
- Tools to understand Balance Sheets and Income Statements – two critical pieces of the Financial puzzle
- Expert advice straight from Payroll pros
- The 8 Cardinal Rules of Cash; it's the lifeblood of any business
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