Financial Secrets Nobody Taught You

When coaching business owners on how to read their financial statements to make profitable decisions, I ask one simple question:

When it comes to understanding your financial statements, have you ever been formally trained, or are you self-taught?

100% of the time, the answer is "self-taught." This response is the starting point for a transformative journey into their financials, where we cover:

• The three most important financial reports to review every month.
• Which numbers to focus on and what they mean
• The 4 Key Balance Sheet Ratios
• The 4 Key P&L Ratios
• How to Build a Financial Forecast in 5-Minutes
• Creating a Financial Dashboard to make more profitable decisions

During our first meeting, I introduce these concepts, and the reaction is often as if I’ve just invented fire! It's incredibly rewarding to see business owners become confident with their numbers and take control of their financial future.

In my 30-Day Profit Accelerator Program, participants leave with a 3-year forecast that includes clear strategies and tactics to achieve significant profit growth. Many of my clients join because they’re tired of being the last to get paid in their business. In today's economy, earning less than $150K isn't enough to thrive, and $150K in net profit doesn't equate to $150K cash in your pocket due to debt payments and taxes. Therefore, we aim for the "minimum" benchmark of $150K cash after taxes and debt payments, often requiring at least $200K-$250K in net profit. Oftentimes, the target is much higher.

Over the next 12 months, as they implement these strategies, their lives and businesses begin to transform, leading them toward their financial goals.

If this resonates with you, I invite you to attend my next workshop on June 5th at 1 PM ET. During my LinkedIn Live Event, "Breaking the Cash Flow Barrier: Financial Secrets Nobody Taught You," I’ll share these exact strategies. You can register [HERE].

About Patrick: As a veteran in financial coaching with over 30 years of corporate banking experience, my mission is to empower small business owners like you to become numbers confident, optimize cash flow, leverage debt, and pay yourself competitively.

Please follow for more insights and don’t forget to explore my Profit Accelerator Resources: Whenever you are ready, here are three ways I can help you:

1. Profit Accelerator Program: Become proficient with your business numbers in just 30 days, unlocking hidden profits of $25K-$75K+ in your business over the next 3-12 months.
2. Business Plan Workshop: Craft a compelling business plan to secure funding and fuel growth.
3. Profit Accelerator Community: Engage with a network of driven business owners who share your aspirations. Together, you’ll find group accountability, mutual support, and opportunities for professional growth.

Ready to elevate your financial strategy? Let’s connect and discuss how you can run a thriving business and pay yourself competitively.