Profit Mastery | Montana Department of Commerce

Profit Mastery University: The Next Level Of Financial Management

Profit Mastery is a world-class online and live course designed to help you achieve greater profitability and efficiency. We are offering Montana residents the opportunity to save $600, making your price $295.

Profit Mastery is an internationally acclaimed live seminar and high definition online streaming video course designed to take the mystery out of numbers and enable better business decisions. Learn how to monitor your company's financial position, identify causes of financial distress and remedies, as well as how to manage and understand costs, contribution margins, your income statement and balance sheet. The course will forever change the way you look at your business.

Order the online class here. The discount will automatically be applied when you order the class.

Online Course Benefits

Conveniently taught in self-paced segments online
Class includes free, downloadable PDF of workbook.
Curriculum is in an online, high-definition streaming video format.
Live, in-person feel, like you're with an instructor
Best of all, if you need further instruction, schedule a free appointment with an SBDC advisor.

An $895 value, now offered at $295. To order the online class, click here. On the page, click "Add to Cart."

Live Course Benefits

Delivered in a classroom setting
Available at participating SBDC centers statewide. Visit our SBDC training calendar to see upcoming classes.
Learn with a group of like-minded peers and entrepreneurs.
Free workbook with class
Ask questions to live instructor

Classes are only offered at participating centers; prices vary by location.

Profit Mastery Course Syllabus

Module 1: Creating a Foundation for Change

Identify the seven components of a complete "fiscal physical."
Understand the interrelationships in the financial operating cycle.
Know the primary uses for net profits in a business.

Module 2: Financial Analysis

Understand the critical need to consistently monitor your financial position.
Create a practical process, using ratios, to assess financial performance, identifying strengths, weaknesses and areas of opportunity.
Appreciate the dynamic relationships that exist between the balance sheet and income statement.

Module 3: Price-Volume-Costs

Determine how cost patterns affect profits and analyze the present to make better decisions about the future.
Determine the profitability of individual products or services to determine appropriate pricing strategies.
Use "what if" scenarios to calculate and substantiate specific expansion, pricing and purchasing decisions.

Module 4: Cash Flow

Develop a profit plan and cash budget forecast.
Identify the effects of short-term and long-term financial cycles.
Determine the differences between net profit and cash flow.

Module 5: Financial Gap Analysis

Accurately determine the future asset needs of the company.
Identify key issues of financial leverage and debt structuring.
Find the money needed to pay for growth.
Identify inefficiencies that soak up cash.

Module 6: Financial Planning and Planning for Transition

Identify different types of asset needs and match them to means of financing.
Understand what specific sources are used to repay specific types of debt.
Identify the five Cs of credit.
Understand what information financing partners need to fairly evaluate a loan request.

JE Engineering: Montana SBDC Profit Mastery Success Story

JE Engineering experienced growth that led owners Cindi and Richard Jarvis to consider expanding. Before making this decision, however, Cindi wanted to be certain the expansion was warranted by the company’s financial performance. She turned to the Kalispell Regional SBDC to start her business planning through Profit Mastery. Learn more about their experience.

"I've learned more on how to effectively manage my business in this class than anywhere in my life. I feel empowered."
-Jesse Felder, Montana SBDC client, Profit Mastery training at the Kalispell SBDC

Interested in more trainings to help your small business succeed?

The Montana Small Business Development Center statewide network holds online and in-person trainings at each location. Some of those trainings have been recorded and can be viewed for free on our online classroom page.

Funded in part through a cooperative agreement with the U.S. Small Business Administration and the Montana Department of Commerce. SBDC services are provided in a nondiscriminatory way to all legal residents and citizens in the US.