Listen "Finance Expert: Plan for Sales Promotions and Discounts with Andrew Marianski"
Episode Synopsis
Andrew Marianski walks us through the math and process of planning for sales promotions and discounts. He lays out the sales volume needed to make up the revenue when using discounts … warning, it’s significant … and how losing sales at a higher price can actually benefit the business. The podcast ends with his recommendations on tracking the most important aspect of a business ... Cash: Frequently forecast cash Create rolling 52 week cash forecast to see cash balance Identify key drivers Looking at it weekly Book Recommendation: Seeking Wisdom: From Darwin to Munger; by Peter BevelinFind out more about Andrew: https://www.linkedin.com/in/andrew-marianski/Send us a text
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