Business Infographics on LinkedIn: Business Analysis - Quick Guide Part II Credits to Howie Chan, follow him… | 12 comments (2024)

How To Give FeedbackCredits toRachel Turner, follow her for more valuable cheat sheets.------Here's the original post:Avoiding difficult conversations today can lead to catastrophic problems tomorrow.Here’s how the top leaders give feedback:-------FollowBusiness Infographicsto learn from the best visuals.

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Benefits of ChatGPT for FinanceCredits to Nicolas Boucher, follow him for more valuable ChatGPT content.------Here's the original post:30 ways to use ChatGPT for FinanceInformation about ChatGPT is everywhere.But nobody is telling you how to use it for Finance.***I am going to show it to you. Moreover, I have many more tips on how you can use ChatGPT to help you in your work. 👉 All of it is available here and at a special price for the next 48h:https://lnkd.in/gKepNYtG***Here are 30 examples of you can benefit from ChatGPT:1) Productivity:Anything that is taking time, you can try to do it first with ChatGPT-Idea generation-Correcting a text-Summarised a text-Translating a text-Rewrite something complicated in a more simple and easy to understand language-Research terms and definitions (for example accounting standards)2) Tutorial for toolsSo far I have found valid tutorials for:-Excel-PowerPoint-Word-PowerBI-SAP-Quickbooks(and also shortcuts in Windows + generally all the software listed above)3) Scenario analysis-Break even analysis-Compare two scenarios-Change of price and impact on demand (elasticity)-Hourly rate-Effect of inflation-Business case ROI4) Create finance procedures-Closing checklists-Standard Operating Procedures-Internal control-Step-by-step guide to make a task-Dunning procedure and letters-Finance guidelines5) Write high-quality emails-Budget guidance-Request input-Prepare a meeting-Executive summary-Minutes-Communication with clients and suppliersWith my guide you can start using ChatGPT for Finance and rip the benefits within less than 1 hour.And it's totally relevant for finance professionals.Why?Because I worked more than 14 years in Finance, trained and coached more than 300 finance professionals and this makes me understand the needs and day-to-day tasks of finance people.Take advantage of my guide and learn how to use ChatGPT to boost your career.If you don't do it, other will and soon they will takeover your role.-------Follow Business Infographics to learn from the best visuals.

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8 Ways to Display Emotional IntelligenceCredits to Justin Wright, follow him for more insightful content.------Here's the original post:Emotional Intelligence is a superpower at work.Why does it matter so much?95% of top performers have a high EQ.First, let's clarify what it's not:• It's not avoiding difficult conversations• It's not brushing off what others say• It's not thinking you're always right• It's not wearing a "mask" to work• It's not reacting without thinking• It's not caring just about profits• It's not jumping to conclusions• It's not ignoring how you feelHere's what it really is about:• Knowing yourself well• Being a calming presence• Having empathy for others• Building a culture of respect• Keeping your emotions in check• Handling disagreements smoothly• Making it easy for everyone to speak up• Being happy for others when they do wellIf you want to be a top performer at work,work on your Emotional Intelligence.➟ It makes work more satisfying.➟ It helps you lead better.➟ It makes your team stronger.Elevate your EQ.Your career will thank you for it.-------Follow Business Infographics to learn from the best visuals.

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The Costing Cheat SheetCredits to Oana Labes, MBA, CPA, follow her for more practical finance content.------Here's the original post:The Costing Cheat Sheet11 Essential Cost Areas to Manage. Because costs will drive your break-even point.Your Breaking Even Point will drive your Net Income.And your Net Income will drive your financial stability and growth.------------🎯🎯🎯Here’s what’s included in the Costing Cheat Sheet:🎯 The Key Cost Drivers🎯 Cost - Volume - Profit Analysis🎯 The Overhead ABC🎯 Gross Profit vs. Contribution Margin🎯 14 Types of Costs🎯 20 Cost KPIs🎯 20 Cost Analyses🎯 The Weighted Average Cost of Capital🎯 Margin vs Markup🎯 CAPEX vs. OPEX🎯 60 Cost ConceptsUse this Cheat Sheet to stay close to these critical cost concepts, and help improve your profitability and sustainability. -------🛎️ Want to Improve your strategic decision-making, accelerate your career, and grow your business :Start with 𝗢𝗮𝗻𝗮 𝗟𝗮𝗯𝗲𝘀’𝘀 𝗧𝗵𝗲 𝗖𝗮𝘀𝗵 𝗙𝗹𝗼𝘄 𝗠𝗮𝘀𝘁𝗲𝗿𝗰𝗹𝗮𝘀𝘀: https://lnkd.in/dUYRWRYH💠 50+ Lessons to Help you Achieve Mastery💠 10+ Cash Flow Management Infographics💠 10+ Excel Templates and Practice Files-------Follow Business Infographics to learn from the best visuals.

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9 Killer Opening LinesCredits toOliver Aust, follow him for more valuable tips.------Here's the original post:You have 3 seconds to hook an audience.Steal these 9 killer opening lines for your next talk. ⤵-------FollowBusiness Infographicsto learn from the best visuals.

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Excel Dynamic ArraysCredits to Mynda Treacy, follow her for more Excel content.------Here's the original post:Excel Dynamic Arrays Cheat SheetHave you explored the powerful capabilities of Excel's Dynamic Arrays? Covering the purpose, syntax and an example of each function, including:- FILTER: Returns a range filtered on criteria you define.- UNIQUE: Returns unique values from a range or array.- SORT: Sorts a range or array based on a column index.- SORTBY: Sorts a range or array based on the values in a corresponding array[s].- SEQUENCE: Returns a list of sequential numbers- RANDARRAY: Returns an array of random numbers- # OPERATOR: Used to reference the entire spill range of a dynamic array.-# SPILL! ERROR: Occurs when there is not enough space for a dynamic array to spill its results.-------Follow Business Infographics to learn from the best visuals.

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Profit & Loss Account Cheat SheetCredits toNevena Miskovic, follow her for more useful cheat sheets.------Here's the original post:The Profit & Loss Account Cheat Sheet!!All essential P&L Elements across one page.Learn crucial principles and considerations of P&L in one place.👉𝗛𝗲𝗿𝗲 𝗶𝘀 𝘄𝗵𝗮𝘁 𝘁𝗵𝗲 𝗣&𝗟 𝗖𝗵𝗲𝗮𝘁 𝗦𝗵𝗲𝗲𝘁 𝗜𝗻𝗰𝗹𝘂𝗱𝗲𝘀:→ 4 usual types of P&L→ Relation between P&L and other FS→ Definitions of revenues and expenses→ Recognition criteria for revenues by IFRS→ Revenue types→ Revenue breakdowns→ Expense breakdowns→ Revenue forecast tips→ Cost forecast tips→ P&L Ratios→ Example of non-operating expenses→ EBITDA calculation→ Vertical P&L analysis→ Horizontal P&L analysis-------🛎️ Want to develop your f𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗺𝗼𝗱𝗲𝗹𝗶𝗻𝗴 𝘀𝗸𝗶𝗹𝗹𝘀?Start with Bojan and Nevena’s Masterclass:https://lnkd.in/ewVWf_5b𝗪𝗵𝗮𝘁 𝗶𝘀 𝗶𝗻?💠 6 Hours of video course sessions💠 35 lessons divided in 5 modules💠 10+ Languages video course subtitle💠 50+ finance modeling sheets, editable in Excel💠 330 pages of PDF finance modeling instructions💠 30+ Pieces of actionable content: visuals, handbooks.💠 Assumptions, accuracy validation and consistency checks💠 3 statements monthly and annually planning excel model💠 Advanced platform interface, tracking notes and progress-------FollowBusiness Infographicsto learn from the best visuals.

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How to NegotiateCredits toChristopher Rocas, follow him for more impactful infographics.------Here is the original post:Negotiation is the highest ROI skill.Learn from the best colleges in the world:𝘠𝘰𝘶 𝘥𝘰𝘯'𝘵 𝘨𝘦𝘵 𝘸𝘩𝘢𝘵 𝘺𝘰𝘶 𝘥𝘦𝘴𝘦𝘳𝘷𝘦.𝘠𝘰𝘶 𝘨𝘦𝘵 𝘸𝘩𝘢𝘵 𝘺𝘰𝘶 𝘯𝘦𝘨𝘰𝘵𝘪𝘢𝘵𝘦.- 𝘋𝘳. 𝘊𝘩𝘦𝘴𝘵𝘦𝘳 𝘓. 𝘒𝘢𝘳𝘳𝘢𝘴𝘴------Follow Business Infographics to learn from the best visuals.

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How to analyze an income statementCredits to Pieter Slegers, follow him for more practical finance content.------Here's the original post:How to analyze an income statement1️⃣ What is an income statement?- An income statement is also called a profit and loss account- It shows the company's revenue and expenses over a certain period- The income statement provides you with a lot of insights as it tells you how much revenue is translated into net income, the efficiency of management, and much more2️⃣ Revenue- For a company, it all starts with its revenue or sales- Revenue is the money a company receives from selling its products and/or services3️⃣ Costs Of Goods Sold (COGS)- Shows you all the costs a company makes to produce its products and/or services4️⃣ Gross Profit- The profit a business makes after subtracting all the costs that are related to manufacturing and selling its products or services- Gross profit = Revenue – COGS5️⃣ Operating Expenses (OPEX)- All the expenses a company makes to run its daily operations6️⃣ Operating Income- Operating income = Gross profit – OPEX- The operating income shows you how much money a company earns from its normal business activities7️⃣ Non-operating Income- Income and expenses that aren’t related to the normal business activities8️⃣ Income Before Taxes- Income before taxes = operating income – non-operating income and expenses- Tells you how much profit the company has made before taxes9️⃣ Net Income- The bottom line or net income of an income statement shows you how much money the company has made after subtracting all costs and taxes- Net income is also known as ‘earnings’ or ‘profit’- Net income = income before taxes - taxes-------🛎️ Want to learn how to 𝗮𝗻𝗮𝗹𝘆𝘇𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀 𝗹𝗶𝗸𝗲 𝗮 𝗣𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹:Start with Compounding Quality's Financial Analysis Course: https://lnkd.in/d8QFADVW-------Follow Business Infographics to learn from the best visuals.

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10-Technique Cheat Sheet for ProductivityCredits to Ronnie H. Kinsey, MBA, follow him for more practical cheat sheets.------Here's the original post:The bad news: Time flies.The good news: You're the pilot.(h/t Michael Altschuler)Time is your most precious resource.Yet, how often do you find it slipping away?In today's world, using time well is more than a skill.It's a necessity.That's why I've curated a 10-technique cheat sheet.It's designed to fit into any lifestyle, any career.You get all the best time management tools:🕐 Time Blocking - Master your schedule.🕑 Flowtime Technique - Work with your own rhythm.🕒 1-3-5 Rule - Simplify your to-do list.🕓 2-Min Rule - Tackle small tasks instantly.🕔 18-Min Plan - Strategize daily.🕕 GTD Method - Organize and execute.🕖 Eisenhower Technique - Prioritize wisely.🕗 Task Batching - Group and conquer.🕘 Eat the Frog - Start with the tough stuff.🕙 80/20 Rule - Focus on what truly matters.So. Many. Techniques.The beauty lies in its versatility.Mix, match, or focus on just one.Find what resonates with you and embrace it.It's time to take control.To turn hours into accomplishmentsAnd days into successes.-------Follow Business Infographics to learn from the best visuals.

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