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Business Networks $100 Dollar Exercise on Profitability

This resource by Les Cunningham, CGC, CR, CCR, and CGR, explores a unique exercise using $100 to understand and improve profitability in business networks. Learn how to allocate funds wisely and boost your company's net profit effectively.

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Business Networks $100 Dollar Exercise on Profitability

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  1. 1800-525-1009 Business Networks $100 Dollar Exercise on Profitability By Les Cunningham CGC, CR*, CCR, CGR* http://www.businessnetworks.com *A NARI Certification

  2. Business Networks Beliefs • BN believes that the ownership of the company should receive 10% of gross sales before taxes. • BN also believes that the shareholders of the company should receive 10% of gross sales before taxes

  3. You Star With $100 • 83 One Dollar Bills = $83 • A Roll of Quarters = $10 • A Roll of Dimes = $5 • A Roll of Nickels = $2

  4. Income Statement

  5. Accountant/Bookkeeper • The Accountant/Bookkeeper will reads the percents starting with number 5 ending with 57.

  6. The Biggest Doubting Thomas in the Company takes money by percent as read to them and puts it in the trash. (i.e. line item 5 is 17%. They would take seventeen dollars and throw it in the trash can.)

  7. Discussion • Why is there a lack of profitability, and critical need for the company to develop a correct net profit.

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