Welcome to Webinars by the Co-Founders

TOPICAL TUESDAYS Webinars

 

Addressing An Owner's Interdependent Financial Statements 

And "The Owners Dilemma" That They Pose

Exclusively at The Retail Owners Institute

FYI: There is another 2/3rds of the Institute available only to Members!

See What You're Missing!

The Owner's Dilemma: Fund the Business? Or My Family?

All too often, given the seasonality of retail businesses, there simply is not enough cash to fund the business and take care of your personal obligations. The Owner must choose:

  • Do I take money out for my household and family? (To remodel the kitchen, or pay for college, or....)

  • Or, do I reinvest that money into the business? (Upgrade computer systems, remodel the store, or....)

  • And most important, when could I do any of those things? 

Pat Johnson and Dick Outcalt, the Co-Founders of The Retail Owners Institute®, have identified all these pressures that bear down on owners. From that, they have developed an innovative decision-making framework for retail owners, which they share in this Webinar of the Week.

  • First, Owners must understand the basic cause-effect levers of their financial statements.

  • Next, Owners must recognize that they have not just one, but TWO financial statements. And these are interdependent!

  • Then, Owners must manage the cash flow of interdependence very carefully!

  • Finally, Owners can benefit by being able to teach this interdependence to their employees and their households.

Plus, see how The ROI's 3-in-1 INTEGRATED Calculator enables you to examine your choices in advance ("What would happen if I...?") and make informed responsible decisions.

Knowledge IS power!

Understanding the tugs and pulls of this interdependence can help you anticipate and better manage the impacts of this inevitable conflict.
 
 


The Presenters

Pat Johnson and Dick Outcalt have been called "The Zen masters of retail finance!" "Doctors for retailers." "Amazing!"

The Co-Founders of The Retail Owners Institute®, Pat and Dick are recognized experts in strategic retailing. Working only as a team – Outcalt & Johnson: Retail Strategists, LLC – they have been consulting, publishing, and speaking professionally throughout North America.

They focus exclusively on retail, or wherever retail is involved. They work with CEOs, CFOs, boards and owners of retail operations, as well as manufacturers or wholesalers expanding into retail.

Known as good listeners, their engaging and empowering working style with owners and decision-makers is objective and collaborative, and appreciated for its real world practicality. See Outcalt & Johnson: Retail Strategists and Retail Turnaround Experts to learn more about their in-person professional services.

Since 1999, empowering retailers and store owners to "Turn on your financial headlights!"