The 7 Minute Conversation is a technique for analyzing any business in less than 7 minutes using the income statement, balance sheet, and cash flow statement. It is based on The Home Run Financial System which is a series of six calculations taught in Cash Flow Mike’s Signature course called The Clear Path To Cash. The purpose of The Home Run Financial System is to provide a way to extract meaningful information from the 3 financial systems - quickly and easily. This course is a self guided video led course, where the individual modules can be viewed in any order. Although, it is recommended that you view each lesson in chronological order, each video is built to stand on its own. Participants receive digital copies of the lesson workbook to follow along, and a digital copy of Cash Flow Mike's book - The 7 Minute Conversation.
You are also encouraged to join our Facebook community of people to grow in your understanding of the concepts. Here is a link to join: https://www.facebook.com/groups/theclearpathtocash
Description:
Learn how to add power to your financial analysis. We’ll discuss a technique that will help you look at the financial health of any business in minutes. No one wants to devote the hours it used to take to understand their businesses financial metrics. But everyone can benefit from seeing their business through the eyes of the financials, a few minutes per month. We’ll show you a few critical items you can discuss with your team to set them on the path to more cash in your business. After one conversation, any small business owner will have a better understanding of their true financial position.
In this session we’ll look at:
The Home Run Financial System
- Identify the most critical measurements of profitability in a small business
- Learn how to have a quick, but meaningful conversation about the numbers
- Introduce a quick analysis technique to your team in one simple step
- Set them up for success in making more money or getting a financing request approved
