Microsoft Excel & Google Sheets Intermediate Class - Business Profit and Loss Statement Emphasis

Learn to use Microsoft Excel and/or Google Sheets to build a business profitability model that allows you to enter every conceivable cost factor.

You will leave this class with a sophisticated P&L estimate tool with a sales driver that allows you to say, "What if I sold X$/mo at Y price - how much would I make in a month or in a year?" Within seconds, see how your monthly or annual profit is impacted by variations in any expense or assumption to help you make the very best business decisions that are driven by your best, most realistic assumptions and facts. 

To register this class, you must have already taken our entry level class if you are new to Excel/Sheets. Otherwise, by registering, your acknowledge that you have at least a moderate understanding of Excel and Sheets as we will not have time in this class to discuss Excel basics. 

By the end of our 2-hour session, you will know the following:

1. How to build an annual pro forma by month. 
2. How to utilize driver cells for variables that you intend to change. 
3. How to use if/then and goal seek utilities to find break-even points. 
4. How to forecast your business annually and account for seasonality. 
5. How to develop a comprehensive list of fixed and variable expenses. 
6. How to use your pro forma to make critical business decisions.
7. Final deliverable: A comprehensive pro forma model that can be used and adapted for your business for years to help you make critical business decisions with a higher level of confidence. 

The Fulton365 team has helped to open more than 100 businesses in 22 countries. More importantly, using the same logic we teach here we chose NOT to open even more businesses than we opened as we uncovered risks in those businesses that the owners were not comfortable with. Sometimes, success meant NOT opening a business. The tool we will build in this class is a similar tool that we used for our own businesses and many others. 

We want our customers to pursue their business ambitions with eyes wide open. We want to help develop a method that will place all risks and assumptions in plain sight so the smartest business decision can be made. Of course, we can run a risk analysis for you, but in this class we want to teach you how to do it yourself in the future. 

We are e-commerce owners helping e-commerce owners. While we can show you how to avoid expensive mistakes that we have made, we will also share our own best practices, making us an experienced-based consultancy based on real data, not hypothetical insights from consultants that teach, but never execute with their own money, at their own risk.