Finance 101 for Non-Financial Managers - by Ravi Patel

 

 

Entrepreneurs grow businesses by holding key executives accountatble for both operational and financial performance and rewarding accomplishments.

 

But have you trained your non-financial managers in key financial concepts? How are they trained in the use of financial tools to manage their areas of responsibility? Do they understand the elements of an Income Statement?

 

If Entrepreneurs hold members of their management team accountable for financial performance, it behooves them to arrange financial education and training for their non-financial executives. Are you doing that?

 

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