Oana Labes, MBA, CPA on LinkedIn: #afp2023 #entrepreneur #finance #business | 57 comments (2024)

Do you know the 4 steps to assessing your business' financial health? Another great post from Oana Labes, MBA, CPA explaining simply how to assess financial health.

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It's important to understand that these four steps represent a superficial financial evaluation of the business. The true state goes much deeper!

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These are the 4 key steps to check before buying or consulting for a business.

For my Enterpise Sales community. 🧐 Money talks, but do you understand the language? 💸 Being financially literate in enterprise sales isn't just a power move; it's a necessity! 🚀From balance sheets to profit margins, being financially savvy is your secret weapon. 💼💪 You'll negotiate deals like a pro and spot opportunities others might miss. 💼💡So, if you're in the game of enterprise sales, sharpen those financial skills! Start following Oana Labes, MBA, CPA and Eric Shaver to stay savvy📈 Your bottom line will thank you. 💰💼 #FinanciallyLiterate #SalesSavvy

When evaluating #thefinancialhealth of a business, a number of #factors need to be taken into account, including #profitability, #cashflow, #revenuegrowth, #liquidity, #debtlevels, #efficiencyratios, #profitmargins, #ROI, #industry_comparisons, and #future_prognosis.Some important signs of a #healthy_firm were identified during that #investigation, including:#Consistent_profits#Positive_cash_flow#Steady_or_increasing_revenues#Good_liquidity_position#Manageable_debt_levels#Efficient_operations#Higher_profit_margins#Satisfactory_ROI#Competitive_performance#Strong_future_prospectsBusinesses may improve their understanding of their financial health and pinpoint opportunities for development by examining these crucial variables and measures. many_thanks_to_Oana Labes, MBA, CPA Prepared that useful Infographic 👌👌

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Critical steps to analyze finances!

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B2B sales...replace each of the below roles with "B2B Salesperson". All apply to our jobs.Freedom from budget dependency requires that you know how to assess target account financial performance, map your outside-in impact where applicable and influence and guide the C-suite's capital allocation decisions based upon how your assets contribute to their fiduciary obligations over time.A little intimidating at first? Yes.An unfair advantage over those who do not know how to do it? Yes.☑️If you’re anaccountantor finance professional OR A B2B SALESPERSON, this will help you understand the key underlying drivers you should monitor and manage as you analyze financial performance results☑️If you're a manager OR A B2B SALESPERSON, this will help you better understand your organization’s capital allocation priorities, which will help you align individual and organizational goals across your team and maximize your effectiveness.☑️If you’re an investor OR A B2B SALESPERSON, this will help you better understand the risk levels underpinning management decisions, the drivers and sustainability of the business cash flows, and whether an investment aligns with your strategic objectives.☑️If you’re an owner OR A B2B SALESPERSON, this will help you make more informed decisions and allocate resources in your company moreeffectively. #b2bsales #b2bmarketing #sales #salesenablement

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B2B sales...replace each of the below roles with "B2B Salesperson". All apply to our jobs.Freedom from budget dependency requires that you know how to assess target account financial performance, map your outside-in impact where applicable and influence and guide the C-suite's capital allocation decisions based upon how your assets contribute to their fiduciary obligations over time.A little intimidating at first? Yes.An unfair advantage over those who do not know how to do it? Yes.Oana Labes, MBA, CPA B2B sales thanks you.☑️If you’re anaccountantor finance professional OR A B2B SALESPERSON, this will help you understand the key underlying drivers you should monitor and manage as you analyze financial performance results☑️If you're a manager OR A B2B SALESPERSON, this will help you better understand your organization’s capital allocation priorities, which will help you align individual and organizational goals across your team and maximize your effectiveness.☑️If you’re an investor OR A B2B SALESPERSON, this will help you better understand the risk levels underpinning management decisions, the drivers and sustainability of the business cash flows, and whether an investment aligns with your strategic objectives.☑️If you’re an owner OR A B2B SALESPERSON, this will help you make more informed decisions and allocate resources in your company moreeffectively.

Assessing Financial health of every business is very important. Here are 4 simple steps to take: