What you don’t know when it comes to finance, can hurt you!
Understanding some basic finance models can help you make more objective decisions. This helps you avoid emotional decisions that often are the wrong decisions for your business.
The concepts that are walked through in this 30 minute video are;
1. Break Even Analysis
2. Basic Financial Ratios
3. Weighted Averages
4. Decision Making Trees
5. Net Present Value
By understanding the basics of these tools and when to consider using them, you have more tools in your toolbox as a small business owner.
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