Module Four: Bean Magic - Student Elements
Growing the Business
See NOTE at the foot of the text below.
You know how common sense isn’t that common? Well, in a similar way, the magic we discuss in this course is not really magic. There is no magic wand. Sorry, if that disappoints you.
After all, if there was a magic wand it would have been selling like hotcakes for years. Everyone would have one. And then, well, we would all be looking for something else, some other magic wand, to get ahead of the pack.
In short the magic wand is called “work”. But is it work focused on the right areas, done the right way. And the successful results attained make it seem like, well, magic!
This course is designed to take your business to the next level, and beyond. We look at the leverage points of the business, follow the full profit trail, and look at what can be done at each leverage point to increase the flow of cash (as distinct from profit) through the business. Once you Know the leverage points it is much easier to plan (yes, plan) the How of increasing the flow.
Along the way we look at data that should be collected, but often isn’t. We look at improving customer retention, different projects you can implement, and a whole lot more. Once again there are lots of reading recommendations.
Needless to say, if you implement even just an idea or two, you could get your money back on this course several times over!
Who Is The Target Audience?
We want everybody to do it! Seriously! The course is designed for:
- Students (high school and above, if not earlier)
- People in the workforce, and
- People wanting to get (back) into the workforce.
Why This Module?
The majority of people end up working (for money) within an organisation for which numbers / performance are important. For most people this employer is a business, maybe even one they own themselves! Yet, in spite of this, schools do not teach anything about business. So, most people end up not knowing what a business should look like, how it should work, or what functions are necessary within a business, let alone how to grow the business.
This module, which follows on from earlier modules, is a start in changing this. It’s a start in making people more valuable to the organisation they work for, more able to manage that organisation, and more able to help strengthen it and deliver better results.
How Does It Work
How Long Will This Take?
It depends how hard out you want to go. But we envisage you should be able to get through the module in around ten hours total.
How is the Course Structured?
The module includes a number of KnowHow papers, with accompanying Quizzes. You then move on to Examples, followed by parallel Exercises. We cover the four ways to grow a business, the various strategies necessary to grow a business, business levers and shock protection for the business.
What Do I Get?
You get a login to enable you to access:
- The PDFs of:
- The KnowHow papers
- The Examples
- The Exercises
- The Exercise Answers
- The Quizzes (and their answers), which are hosted online.
PLEASE NOTE this is the Student Elements version of this course. As such the Answers are not included.
Crystal Paine - Money Saving Mom
"I never really understood the why behind many of my tasks. While working through this program in preparation for my daughter, I was able to gain a better understanding of the why behind how I do things, such as; balance sheets, fixed assets and depreciation. With this new understanding, I am able to do my job much more efficiently. This in turn makes me a more valuable asset to my company."
I have worked in a variety of industries – from retail to printing, an international airline to a government health enterprise – and in organisations of various sizes – from global engineering giant to boutique accounting firm.
My roles have encompassed financial and management accounting, company and tax accounting, finance and operations management. My focus has always been on improvement – processes, my role, results – whatever I could do to contribute to bettering the organisation.
I’ve worked closely with Medical Professionals from various specialities, Engineers, Logistics professionals, Printers, Manufacturing specialists, Retail gurus, and clients from all over the spectrum – and, yes, I’ve tried to make things better for all of them.
StartThe Big Four & Others (0:16)
StartCustomer Retention Strategy (0:10)
StartCustomer Retention - Strange But True (0:10)
StartLead Generation & Conversion Strategy (0:13)
StartEnquiry & Quote Conversion Strategies (0:08)
StartKeeping Them Coming Back (0:08)
StartUpselling, Cross-Selling & Pricing Strategies (0:08)
StartCash Collection Strategies (0:09)
StartMargin Management Strategies (0:12)
StartCost Control Strategies (0:13)
StartThe Power Of 1% (0:13)
StartShock Protection (0:11)
StartThe Missing Key (0:10)