A course for "non-numbers" people!
Learn how to read financial statements and use them to make better business decisions.
NEXT SESSION LAUNCHING LATE SPRING/SUMMER 2021!
It is an expectation of 74% of organizational leaders for employees to read financial statements. Yet, these employees are never trained on how to effectively do so!
Are you overwhelmed with the complex jargon of the finance world?
WE SIMPLIFY IT FOR YOU.
Why Finance. Simplified.?
- Do your eyes glaze over when people start talking numbers?
- Do you get nervous when someone asks you to look at financial statements?
- Do you think you should know more than you do about the financial statements of your organization?
- Do you want to know how to make better business decisions?
Walk into your next meeting, armed with the language and tools you need to contribute to financial conversations and make informed decisions to add value to your business. If you're at the leadership table and looking at financial statements on a regular basis, this can help you! Even if you're "THE" finance person, there are tips and tricks to evaluate your analysis.
Learn how simplified finance can be through our quick guide.
On this quick guide you'll find every financial term that has ever confused you; on one sheet. Hide it in a drawer or hang it in your office and soon you’ll be more confident than your CFO... ok, not quite. BUT, you will be more confident than a toddler who just learned the ABCs or 123s!
Make your finances LIGHT: Step 1 - grab your freebie.GRAB YOUR FREEBIE
What is Finance. Simplified.?
- In-depth dive into organizational finances.
- Simplified financial concepts.
- Practical application of the topics to your organization
- Downloadable worksheets, quick guides, and other supplemental documents.
- Opportunity to provide feedback in weekly surveys so we can make improvements and provide you with a better experience.
- Bonus takeaways!
Profit and Loss. Simplified.
If you haven't caught on yet, our goal is to simplify all things finance in this course. We kick it off by breaking down the most widely used financial statement, the Profit and Loss, or, as us financial nerds like to call it... the P&L. We'll run through basic terminology related to the P&L, how to effectively examine and influence P&L numbers, and key ratios you should know and understand when dealing with the P&L statement.
Balance Sheets. Simplified.
Have you heard the Untold Story before?? Probably not, because it hasn't been told... Okay, that was just me trying to be funny, so I'm going to assume you're laughing right now. Balance sheets are often referred to as the Untold Story. In this module I'll give you the background on that as well as classification and effective examination of balance sheets, what's hiding in your balance sheet, and associated key ratios.
Cash Flow. Simplified.
Of the 3 main financial statements, the cash flow statement is by far the most underutilized. That's a huge bummer because there are so many operational goods in it; it just takes proper presentation and understanding to make it worth its while. To simplify this area of finance, we will go through what a cash flow statement and cycle look like as well as how to influence and improve the statement and cycle.
Here we look away from the past and focus on how to actually influence the numbers! There are SO many ways you can go when looking at organizational resources and how to optimize performance, but for the purpose of relevancy, we focus mainly on three main resources. I will break down metrics for human capital, along with how to manage inventory and utilize equipment.
Once you get this far in the course, it's time to forget about numbers in the past and look toward the future. I want to teach you how to get where you want to go in this module! I know when the term "budgeting" can be a huge turn-off for you, hence why I instead went with forecasting (that's the only time I'll try to sneak one past you, promise me). With forecasting comes pricing, cost of goods sold (COGS), and a couple different methods of budgeting to rewire your brain in the way you think about budgets.
Value Creation. Simplified.
As the grand finale of the course, you'll be rewarded with all the goodies needed to set yourself apart from competition by creating value for your organization. This is essential when looking to diversify your organization in the market. It seems like a no-brainer but you'd be surprised how many people bypass this step.. and by then it's too late for them! to finish off the course we will analyze profit centers vs cost centers, how to paint with numbers, and true return on investment.
The Finer Details
The course opens September 13th and consists of 6 modules.
The modules will be released weekly on Sundays, so the complete course will last 6 weeks.
You can go through the course at your own pace, but it will be helpful for you if you complete one module per week and stay on track with the rest of the class.
Estimated time commitment is 2-4 hours per week.
There will be live, virtual meetings as a group each Wednesday @ 11 am CST where we will further discuss details, answer questions, dive deeper into topics, etcetera.
- Director at CoreLink Administrative Solutions -
"Books never helped me buy into these concepts, but with Sarah's guidance I finally connected the dots that our finance department was putting in front of me."
"The ROI examples game me a clear picture of how important it is to invest in people."
"It sparked my creativity by giving me a different perspective of financials and gave me so many new ideas surrounding human capital!"
"This course gave me the skills I always knew I needed."
- Founder of Results Driven Networking and Limitless Conference -
"As a creative business owner with marketing savviness, I was missing financial training and knowledge that would help me better understand where growth opportunities were for my business."
"Finance. Simplified. was thorough and informative, giving me the financial tools needed to better understand my business and most importantly, how to analyze my data to grow."
Hi! I'm Sarah West
I'm so excited just thinking about the possibility of leading you to a place of complete confidence in your workplace!
A little background on me... I've worked in the accounting and finance sector for over 15 years. Throughout those years I led teams and advised executives in the fields of finance, human resources, corporate structure and strategy. I work with various businesses across the region, ranging from real estate development and construction to banking and financial products.
I'm extremely passionate about my business, but I'm also a huge believer in giving back whenever possible. I work with several nonprofits near and dear to my heart, all near Fargo, ND (yes... FARGO! Remember the movie??). I currently live a few minutes from Fargo with my husband and three children.
So you don't think I'm just blowing smoke with the content in this course, here are my qualifications:
B.S. in Accounting & Finance, Minnesota State University Moorhead
Master of Business Administration North Dakota State University
Certified Management Accountant (CMA)
Senior Professional of Human Resources (SPHR)
Certified Executive Coach (CEC)
Resolving Workplace Conflict & Conflict Dynamics Profile
Certified Myers-Briggs (MBTI) Certified
What is Light Consulting & Coaching?
Light Consulting & Coaching consists of four team members and exists to provide leaders the tools they need to identify their opportunities for growth, while providing the guidance necessary to reach their goals. Rooted in love; Light guides each individual toward reaching their maximum potential to live their best life.
"I saw that wisdom has as much profit over folly, as light has over darkness" - Ecclesiates 2:13
Our difference in approach is to only have business experts who have been in your shoes serving you. We focus on small groups and individualized coaching and training to ensure you are getting a life changing experience. We bring leadership back to our core value of love like Jesus.