The TFC Podcast

Knowing your EBITDA (Earnings Before Interest, Taxes, Depreciation & Amortization) is an important metric to know if your company's operations are profitable. In this episode, I teach how to calculate it, why is it important to know & what to do once you know that number.

How can small businesses stop using debt to finance their operations? How can they substitute debt with high interest rates for debt with lower interest rates? In this episode, we go over a 4-point action plan that can help you achieve these goals.

In this episode I will teach how to calculate your break even point in terms of sales. This will tell you how much you have to sell each month (on average) to cover all of your costs & expenses.

Expenses deserve as much attention as costs do...maybe even more because even if you do not make a sale, you still need to incur in them. Do you know which expenses are necessary & which are not? Have you sat down & analyzed how you can lower (or cut) most of them? We go over this subject in today's podcast episode.

In this episode we analyze the importance that knowing your cost structure has on your company's profitability, competitiveness & sales price.

In this episode we go over an important aspect you need to know about your company...your trends. I'm talking about sales trends. This affects your entire operation...from supplier negotiation, to employee hiring and inventory purchase. Find out how you can recognize them in your company and take advantage of this knowledge to improve your decision making in different times of the year.

In this episode we go over one of the most important (and liked) financial statements by many owners and managers, especially those with little to no background in finance. We review what information does this report show you but, most importantly, what decisions can you make from them. For example, how can you increase your profits without having to increase your sales? All of this in episode #2 of the TFC Podcast!

The very first episode of The Finance Course, an online learning center that helps small to medium business owners and managers increase their profits, control their cash and make better decisions by understanding their financial situation. In this episode I talk about what this podcast is, what my goals are and how can this help you control your business.