Understanding Financial Terms
The lack of education on budgeting has made the journey of being a business owner quite challenging for you. This masterclass was created with you in mind. Letā€™s begin to change your education and level up your knowledge. With Crystal's clear, simple explanations and relatable examples, you will find yourself gaining confidence in your financial vocabulary and decision-making abilities.
This self-paced class is designed to fit seamlessly into your life, lasting approximately 1.5 hours, and featuring individual videos for each term.
As you progress through the course, you'll have the opportunity to reflect on how these terms apply to your own financial situation and mindset, empowering you to change your money story. Whether it's understanding the nuances of cash flow or deciphering the complexities of a balance sheet, this masterclass is your key to leveling up your financial literacy.
By the end of the course, you be familiar with the essential financial terms and you will also be equipped with the tools to implement them effectively in your day to day business finances.
Crystal's engaging teaching style ensures that complex concepts are broken down to make budgeting easier for you, making the learning experience both enjoyable and impactful. Please remember that Crystal does have a speech impediment. Sometimes she speaks slowly. Sometimes she stutters.
Whether you are an aspiring entrepreneur, operate a start up (any business less than 5 years old), or simply someone looking to enhance your financial literacy, this masterclass is tailored to meet your needs.
- Generally Accepted Accounting Principles (GAAP)
- Profit and Loss (P&L)
- Gross Revenue (Top Line Sales)
- Cost of Goods Sold (COGS)
- Overhead Expenses
- Net Income (Not Profit)
- Profit (Not Cash Flow)
- Cash Flow (Not Net Income)
- Break Even (Keeps You Broke)
- Balance Sheet (It Really Matters)
- Expenses + Profit = Income (EPI)
- Income - Expenses = Net Income (IEN)
- Key Performance Indicator (KPI)
- Return on Investment (ROI)
- Return on Time Investment (ROTI)
By enrolling in this masterclass, you not only gain invaluable insights but also unlock access to The STOP Methodā„¢ Community. Here, you will receive ongoing mentorship from Crystal and connect with a vibrant network of like-minded entrepreneurs, fostering relationships that inspire growth and mutual support.