chaos to control - how ttm troubles can make life and business a nightmare
DESCRIPTION
http://bruceframe.com.au Looking at the details of your time, team and money management that makes your business a nightmare rather than a success and offering solutions.TRANSCRIPT
bniMASTER
YChaos to Control
Your Coach – Bruce Frame
Making Your Business Work for You, Instead of You Working for
IT!!
Time
Taking control of your resources!
TeamMoney
Life’s Greatest Asset ...
Time Target ...
Who are you attracting?
Remember ... Life is just like a mirror ...
As are people ...
Bank accounts...
Businesses ... Salaries ... Relationships .
.. Cars,
clothes ... And, so is
YOUR TEAM!
Who are you attracting?
Since you get the team you deserve – why do you deserve your team?
How to keep score?
Income one $3,600
Income two $1,500
Total income $5,100
Repayments $2,900
Remainder $2,200
Additional 10% $290
Living allowance $1,910 29
100
26
15
20
18
15
Ratio
$600$17,000Car 1
$1,000$100,000House
$146,000
$9,000
$8,000
$6,000
$4,500
$1,500
Loan
$2,900
$350
$300
$300
$250
$100
Payment
Total
Car 2
P/Loan
Visa
MasterCard
Store Card
Get Control of Debt…
Get Control of Debt…
Loan Payment Ratio
House $100,000 $1,000 100
Car 1 $17,000 $600 29
Car 2 $9,000 $350 26
P/Loan $8,000 $300 15
Visa $6,000 $300 20
MasterCard $4,500 $250 18
Store Card $1,500 $100 15
Total $146,000 $2,900
1,000+600+300+350+300+250+100+290
600+300+350+300+250+100+290
300+350+300+250+100+290
350+300+250+100+290
300+250+100+290
250+100+290
100+290
Payment + 10% + Paid out loan
3190
2190
1590
1290
940
640
$390
Tot
8.0 Mths
31 Mths
5.0 Mths
7.0 Mths
6.4 Mths
7.0 Mths
4.0 Mths
Time
$600$17,000Car 1
$1,000$100,000House
$146,000
$8,000
$9,000
$6,000
$4,500
$1,500
Loan
$2,900
$300
$350
$300
$250
$100
Payment
Total
P/Loan
Car 2
Visa
MasterCard
Store Card
Get control with a computerized financial management system...
($1,000,000)
($500,000)
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
Revenue
Fixed Costs
Total Expenses
Net Profit
Variable Costs
Break-even or Else…
Managing your cash flow...
Income/Rev/Sales-
COGS/COS/Variable=
Gross Profit-
Exp/OH/Fixed-
Owner Salary=
Net Profit+
Equity In/Out=
Cash Position
100,000-
75,000=
25,000-
15,000-
5,000=
5,000+0 =
5,000
75,000-
56,250=
18,750-
15,000-
5,000=
(1,250)+0 =
3,750
50,000-
37,500=
12,500-
20,000-
5,000=
(12,500)+0 =
-8,750
75,000-
56,250=
18,750-
15,000-
5,000=
(1,250)+
10,000 =0
100,000-
75,000=
25,000-
15,000-
5,000=
5,000+0 =
5,000
100,000-
75,000=
25,000-
15,000-
5,000=
5,000+0 =
10,000
Jan 04 Feb 04 Mar 04 Apr 04 May 04 Jun 04
Do you have control?
So you can either …
Stop dreaming and get back to work !
(and be happy with what you´ve got)
Get Yourself a Business Coach AND Start
Building the Lifestyle You Deserve…
OR…