Coaching and Training
Empowering Wealth Financial Coaching empower business owners, entrepreneurs, and start-ups to grow their dreams by building wealth.
We have a mapped-out plan and strategy that critically looks into every business that comes to us, refines your talent, and helps you to build your business vision into a financially successful entity.
At Empowering Wealth Financial Coaching we don’t believe in one-size-fits-all solutions. We believe in customizing our coaching programs based on what works for your business and your goals. That means we’ll work with you to develop a plan that is tailored specifically to your needs—whether that means developing an actionable plan for growth, or refining your day-to-day operations so they run more efficiently.
We understand how crucial it is to stay focused and not get caught up in the details—especially when you’re just starting out. That’s why we make sure each client receives personalized attention from our team of experts who are dedicated to helping them succeed.
3 Pack Session Investment
6 Pack Session Investment
12 Pack Session Investment
3 - 24 Coaching Sessions
One Session meets for 60 minutes.
Financial Statement Review1-3 Sessions Accurate and proactive financial reporting and analysis can make a big difference in your company’s financial performance. Would you like to optimize your workflows to strengthen your company’s performance, cut your debts, strengthen your credit rating, and improve your cash flow? A financial statement analysis is what your business needs. In order to evaluate a company’s performance and take action to help it grow, innovate, and compete effectively, stakeholders such as investors, creditors, and potential partners need a complete and transparent view of that company’s financial position.
Break Even Analysis1 Session Your break-even point is the point at which the income you’ll bring in just covers your expenses—that is, the costs of providing your product or service (variable costs, since they change depending on how many products or services you provide), plus your overhead, like rent, salaries, and utility bills (fixed costs). If your business brings in income in excess of your break-even point, you’ll make a profit. If your income is less than the break-even point, you’re losing money. Because break-even analysis offers a snapshot of your profitability, it’s a great tool for weeding out losing business ideas.
Setting Financial Business Goals1 Session Not even the smallest of small businesses can thrive without setting realistic financial goals. A set of financial goals is like a company’s road map, always providing a frame of reference for where the business is and appears to be going.
Budgeting and Cash flow Projections2-4 Sessions The cash flow budget estimates the future income and expenditure of the business, revealing any periods where it may fall short of cash. The primary purpose of using a cash flow budget is to predict your business's ability to take in more cash than it pays out. This will give you some indication of your business's ability to create the resources necessary for expansion, or its ability to support you, the business owner. A cash flow projection lays out how much cash you’ll have—or how much you’ll be short—month by month, so you can plan for adequate funding. This lets you know if you’ll need to get a credit line or set up other arrangements to make sure funds are available.
Sales and Cash Flow Projections2-4 Sessions Sales projection estimates future sales revenue by analyzing historical sales data and using it to predict future sales patterns. Businesses use sales projections for both short-term and long-term planning. Sales projections are a critical part of any business plan. They allow businesses to set realistic goals and track their progress over time. Without accurate sales projections, companies may find themselves under or over-performing against their targets.
Preparing for Funding - Building Business Credit2-4 Sessions Business credit scores are vitally important to your business. Good credit is a must for obtaining funding for launching or expanding your business. Here are just a few of the many benefits of a good business credit score. It can save you money. Lenders offer better interest rates to businesses with good credit. You can obtain business credit without the need for a personal guarantee. This reduces your personal liability and protects your personal assets. It can help you stay ahead of your competition. You can pass your interest savings onto your customers or keep a larger margin of profit for yourself.
Implementing & Tax Strategy2-4 Sessions “If you fail to plan, you are planning to fail” – Benjamin Franklin. Strategic tax planning involves looking forward one, five, 10, or 20 years rather than looking back at the past year (which is tax preparation in a nutshell). When you plan, consider what you can do to pay the lowest tax possible while arranging some of your savings to generate a tax-free income. Tax planning allows you to use different tax exemptions, deductions, credits, and available benefits to minimize how much tax you owe, legally and morally. That’s more money you can put towards other financial goals like advertising campaigns, capital investments, employee bonuses, or even personal financial goals
Identifing Key Performance Indicators (KPI's)2-4 Sessions Key performance indicators (KPIs) refer to a set of quantifiable measurements used to gauge a company’s overall long-term performance. KPIs specifically help determine a company's strategic, financial, and operational achievements, especially compared to those of other businesses within the same sector. Key performance indicators (KPIs) measure a company's success versus a set of targets, objectives, or industry peers. KPIs can be financial, including net profit (or the bottom line, gross profit margin), revenues minus certain expenses, or the current ratio (liquidity and cash availability). Customer-focused KPIs generally center on per-customer efficiency, customer satisfaction, and customer retention.