Masonry Magazine August 1988 Page. 9
Open Your Eyes To Financial Management
• Thursday, March 8th and Wednesday, March 9th
• Tropicana Hotel, Las Vegas, Nevada
• Registration, March 8th-8:00 a.m.
• Thursday Hours: 9:00 a.m. to 4:30 p.m.
• Friday Hours: 8:30 a.m. to 4:30 p.m.
• Instructor: Steve C. LeFever
"Managing and Financing Independent Business" a seminar for key managers, entrepreneurs and Mason Contractors will be presented as one of the featured seminars of the Pre-Conference meetings of the 39th Annual MCAA Conference to be held at the Tropicana Hotel, Las Vegas. The Education Committee under the leadership of Sam Lowery indicates that this is an unusal opportunity for MCAA members to:
• Gain an in-depth understanding of what your financial statements can really tell you about your business.
• Learn to identify and use critical relationships that affect profitability.
• Get the facts to make accurate decisions on pricing, cost structuring and sales volume.
• Develop methods to ease cash flow problems and make accurate cash projections.
• Determine your need for new assets, forecasting the critical changes in growth and recession.
• Increase skills in dealing with bankers and other business advisors. Discover methods that get results from banks.
The goal of the seminar is to help you to affectively control, manage and finance your business. This two day seminar will focus on general financial concepts which you can turn into powerful management tools.
Seminar Instructor
Steven C. LeFever is president of Business Resource Services and is a national leader in the development of financial programs for the independent business community. His dual role as a successful entrepreneur and as a commercial banker gives him a unique perspective on independent business, financial management and banks.
As an officer at Seattle First National Bank, Steve was a key figure in developing the most successful Business Advisory Services Group in the nation. As founder of Business Resource Services, he has worked with banks across the country, tailoring financial services to the needs of small- and mid-sized companies.
Steve earned his M.B.A. in Finance B.A. in Finance and Marketing at the University of Washington. He has founded and worked as an active principal in a variety of successful ventures and has served as a management consultant for over a decade. A contributing writer and frequent speaker for national trade associations, Steve's particular consulting interests lie in start-up business and growth management.
SEMINAR OUTLINE
INTRODUCTION
• The Entrepreneur
• Management Styles
• Tax Planning
USING FINANCIAL STATEMENTS
• The Accounting Basics
• Understanding Financial Position
• Tools for Active Control
• Financial Cause and Effect
• Case Study and Practical Application
PLANNING A SOUND FINANCIAL FUTURE
Cash Budgeting & Planning Strategies
• Business Growth, Failures and Causes
• Cash Flow vs. Net Profit
• Understanding and Using Cash Flow
• Case Study and Practical Application
Financial Forecasting
• Predicting Financial Needs
• Financial Leverage & Debt Structuring
• Calculating "Financial Gap"
• Sustainable Growth Rate
• Case Study and Practical Relationships
Cost, Volume, Profit Relationships
• Effective Pricing Decisions
• Operating Leverage
• Cost Behavior Patterns
• Case Study and Practical Application
PROVIDING FOR CRITICAL CHANGE
Financing Your Business
• How to Determine Borrowing Needs
• Dealing with Banks & Bankers
• Alternate Sources of Funds
Planning for Business Transition
• Management Succession
• Wills, Trusts and Tax Planning
• Valuing Your Business
PRACTICAL RESOURCES
FOR BUSINESS OWNERS
• Custom Financial Analysis Packets
• Decisions About Computers
• Sources of Practical Information