How to Use Your Financials to Clarify a Path to a More Valuable Business

The story of the business is told through the financials - both what happened in the past and what is possible in the future – and if designed right – can be the bridge that shows how to get from where you are to where you want to be.

Throughout the presentation, Arkona will use a case study to highlight the four components of a rock-solid financial foundation and how to integrate your strategic plan into the financials so you can clearly see how your decisions today impact your long-term goals by allowing you to project out the value of a business years into the future.

THE FOUR COMPONENTS OF A FINANCIAL FOUNDATION

1. Setting the stage with the 3 Financial Statements – The income statement (P&L), balance sheet, and statement of cash flows need to be tied together with KPIs to measure and monitor the important vitals of a business.

2. Trailing 12 Months (TTM) – Use your TTM to eliminate seasonality, spot trends, and measure your net income and specific KPIs year over year.

3. Annual Budget – Create a budget from the ground up that tie all three financial statements together.

4. Outyear Projections – Integrate your strategic plan with the business’s financials and project out 3 to 5 years the future value of your company.

After hearing this presentation, you’ll walk away with a new understanding of the four components of your company’s financials that are necessary to clearly see into the future the value of your business based on the strategies you’ve chosen and the distributions you want to take.

What is Intentional Growth™? - Intentional Growth™ is a framework to help business owners clarify their path toward a more valuable business and turn their vision into reality. By learning how companies are valued, how to increase that value, and the variety of ways to transition your role or exit your ownership, you can intentionally grow the value of your business with an end in mind. By prioritizing strategies that help you make progress you can create more wealth, enjoy work more, and make an impact.

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Ryan Tansom – Managing Partner and Co-founder, Arkona ( www.arkona.io )

Ryan started his entrepreneurial career at his family business where he was the Executive VP and responsible for the strategic, operational, and financial strategy of the $21 Million company. Ryan helped turn the company around and bring intentional focus to the right strategies which enabled it to be sold for 8 figures to a local competitor in 2014. Ryan also hosts the popular Intentional Growth™ podcast that has 280+ episodes, 400k+ downloads.

Pat Hobby – Pat helped co-found Arkona to help change how owners grow and exit their businesses.

Matt Buskirk – Matt has joined as an equity partner at Arkona with Ryan and Pat so he can help business owners learn what it takes to grow the value of a company with an end in mind.