Publisher offers to train 1,000 non-financial small business owners to techniques that will increase their profits up to 45% a year.
SB Informer
Wednesday, May 17, 2006; 02:54 AM
Boston, MA - Offering small business owners an
avenue to assist them in increasing their earnings, Boston financial
expert Carole A. Symonds, CPA, MST, has prevailed upon her publisher to
give away free online training, teaching non-financial managers how to
make their businesses more profitable.
“95 percent of businesses fail. If your business is in the black, but
still not getting ahead, you are not alone,” Ms. Symonds recently told
radio listeners. “Research shows that 80 percent of new business
ventures are out of business within 6 years, and 95 percent are out of
business within 10 years.”
Partner in one of the world’s largest Big Four Public Accounting
Firms, Ms. Symonds, CPA, MST, sees this happen time and again. “Most
business owners are not financial experts and, therefore, cannot see
the warning signs until it’s too late,” she cautioned.
In a recent interview, Symonds cited five common myths on business and finance:
1.
Positive cash flow is equal to profitability.
In fact, cash flow generally increases right before you go out of business.
2.
Revenue growth is essential to bottom line growth.
The truth is that growing too fast can put the business in jeopardy.
3.
Cost of Capital is the same for every business.
Most managers don’t know what their cost of capital is, or how to manage it when they do.
4.
Profit is what remains after all expenses are paid.
Profit has a cost, and the best businesses know what that cost is.
5.
You need an accounting degree to understand finance.
The financial techniques that are key to running a successful business
can be learned and applied immediately by virtually anyone.
Based on the work of her late father, Curtis W. Symonds, the world’s
preeminent authority on Return on Invested Capital, Symonds has
developed an easy five-step approach that can make any business more
profitable and any business owner or manager more financially savvy.
To prove this point, Ms. Symonds’ publisher is offering free online
training to the first 1,000 small business owners who apply before June
30, 2006. For 37 years, this training has been available only at live
seminars at a cost of $3,100 per entrant. A registration fee of $37.00
is required. First come – first served. Learn more about this offer
here: http://www.MillionaireManager.com.