UNDERSTANDING YOUR NUMBERS WITH TRUDI YIP
This is a topic a lot of us struggle with – our minds just don’t work this way! Plus we’re so busy, if we had spare time, we’d take a nap! Am I right? That’s why I was so happy to have Trudi share her accounting wisdom with us.
We will be covering Building Relationships through successful communication, this is so important and one that you all requested. Business is all about relationships.
Then the biggie! Pricing and Valuing ourselves. It’s so important to understand how to price for profit and to be able to pay ourselves. A lot of this is linked to how we value ourselves, there are some great questions in the workbook to help you with this.
Finally, Financial Reports! I can feel the eye rolls from here, but financial reports tell you so much about the health of the business and they are helpful to combine with your marketing plans so you can figure out when to have certain promotions to boost cashflow and keep you on your sales targets.
It’s time to be the CEO of your business!
Go through each section, figure out all that you can yourself and if you have any trouble there will be a Live Q&A with her towards the end of the month. This will also be posted up here in this course for future reference.
A BIT ABOUT TRUDI
Trudi Yip established her bookkeeping firm, Numeric Eight, in 2006, to combine her love of numbers with her passion for mentoring other small business owners. Prior to this, she ran a successful fashion business for 13 years and has a deep connection with entrepreneurs and leaders in the creative industries.
As a child, Trudi discovered the joy of business by counting potatoes in the markets before dawn. She learnt the hard way how much a business demands of its owner; they must have energy, persistence, discipline and passion. Yet it is also a lot of fun. You don’t need to have a secret ‘edge’ or a special gift for business. Everyone can achieve their business goals with the right approach.
Trudi lives in Sydney with her husband and two dogs. She still gets up before dawn sometimes to help her family business at the Sydney Markets before continuing her day at Numeric Eight.
Her book “Counting Potatoes” is available from www.trudiyip.com
You can learn more about Numeric Eight at their website www.numericeight.com.au