Chaos to Control - How TTM Troubles Can Make Life and Business a Nightmare.
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Chaos to Control - How TTM Troubles Can Make Life and Business a Nightmare.

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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.

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.

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Chaos to Control - How TTM Troubles Can Make Life and Business a Nightmare. Chaos to Control - How TTM Troubles Can Make Life and Business a Nightmare. Presentation Transcript

  • bniMASTERY Chaos to Control
  • Your Coach – Bruce Frame
  • Making Your Business Work for You, Instead of You Working for IT!! Time Taking control of your resources! Team Money
  • 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…