Video 1 – Key Ingredients
What you will need to create your Money Map. We will provide you with an example to get you into the groove.
1. You will need your business income statement and balance sheet for at least 2 consecutive periods.

2. A copy of the Money Map
You can down load a version here. Alternatively get a large sheet of paper and draw your own. The whiteboard could also serve as a great place to start.

3. One of those big button calculators (don’t you love them)

4. Optional – a few of your people within your business (unfortunately you cant down load that from here )

The financial statements example provided is a veterinarian practice. Specializing in caring mainly for domestic animals. The Practice is owned by Dr. Pet Fixer who employs part time vets that help perform the pet care activities. Pet has a full time admin person who looks after the reception and bookkeeping activities.

Pet’s business has been supplemented with some retail product. In addition over the last 2 years Pet has implemented a wellness service that allows pet owners to pay a monthly fee that will cover the majority of their pet medical requirements.

The premises is owned by Dr Pet Fixer but is help in an independent entity. The practice pays market rent to this independent property company.

Dr Pet pays herself a salary that is included in the COGS number (COGS). The amount paid in 2013 was $ 150,000 and in 2014 $ 200,000.

In this video
 We take a look at the financials
 Consider some of the things that we need to keep top of mind when preparing for our map
When you have completed the Video you will be able to:
 Speed review financials
 Example of how financial statements can be formatted for easy reading

# vimeo.com/117270813 Uploaded

Money Map Course

Andre Gien

The small business guide to create your visual presentation of your financial statements. The goal of the Money Map is to identify areas of opportunity and focus that comes from our unique way of interpreting and displaying your financial statements.

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The small business guide to create your visual presentation of your financial statements. The goal of the Money Map is to identify areas of opportunity and focus that comes from our unique way of interpreting and displaying your financial statements.

This is a great way to create learning engagement and positive action in your business. Please contact Andre Gien andregien@financialstatementstory.com or Mick Holly mickholly@financialstatementstory.com to leave us a comment or provide thoughts as to what you are looking for.

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