Participants Supplemental Materials [SPFA2]

by Chia-Li Chien | Oct. 18, 2014


Fundamentals of Finance & Accounting for Non‑Financial Managers                   
Participants Files               

Developed By: Chia-Li Chien, CFP,PMP,MSFS                   
Questions or Comments? Email:                   
Version:    2014.10    Date:    10/18/14


Participants Supplemental Materials [AMA1110]

by Chia-Li Chien | Revised Nov. 15, 2014


Fundamentals of Forecasting                   
Participants Files               

Developed By: Chia-Li Chien, CFP,PMP                  
Questions or Comments? Email:                   
Version:    2014.11.15   Date:    11/15/14


Supplement Power Point Materials ===>


Sample Price vs. Odometer Regression Sample Excel ===>


Sample Direct Mail Campaign buying business list @Function vs. @Trend Excel  ===>


Sample Franchise Mini-P&L What-if / Data Table Excel  ===>


Sample Capital Investment ROI, Payback w/out Discount Cash Flow Excel  ===>


Sample eStatement 2009 Financial Benchmark by SIC / National Report  ===>


Morningstar Costco Report ===>



Participants Supplemental Materials [6503]

by Chia-Li Chien | Revised Apr. 03, 2015


Fundamentals of Project Management                 
Participants Files               

Developed By: Chia-Li Chien, CFP,PMP                  
Questions or Comments? Email:                   
Version:    2015.04.03   Date:   04/03/15


Supplement Power Point Materials ===>


Sample Charter ===>


Rita's Process Chart ===>



Are You Under Business Financial Stress?

Tips on getting to the real problems—not just the symptoms!

by Chia-Li Chien | Aug. 26, 2013

Chia-Li Chien, Are You Under Business Financial Stress?Although everyone is enjoying some relief from the Great Recession, competition is fiercer than ever out there. You may have also noticed higher interest rates, stricter loan requirements and terms, and choosier venture capitalists adding to the business stress you fight everyday.

In a 2009 You’re the Boss Blog post written by Jay Goltz in The New York Times, Goltz remarks, “The interesting thing about entrepreneurship is that you can encounter stress either because you are busy and growing and making money—or because you are not.”

He goes on in the blog to offer 6 tips for dealing with business financial stress:

1. Identify the real problem. I agree. For the past few months, I’ve noticed many of business owners seeking me out for advice because their business is in financial crisis and they are stressed out and/or burned out. I often counsel owners or entrepreneurs to locate the root cause of their financial stress—not to focus only on the symptoms. The symptoms often are described as: negative profits, negative cash flow, an open business line of credit with the owner’s primary resident as collateral, getting more loan money from the bank, or seeking equity ownership in exchange for cash to deal with debt or capital expansion. The list goes on and on.

2. Separate the fear from the anxiety. Goltz defines fear as rational and anxiety as worry caused by irrational thoughts. I work out nearly every morning and belong to a weekend hiking club. Why? I too, am a business owner, and in order to work out my anxiety, face and focus on what’s real, and get rid of what’s worry, I’ve come to find physical exercise the perfect cure. Find something that works for you.

Here's How To Become A Great Leader Without Having To Try Too Hard

by James Kupe | Aug. 06, 2013

Leadership is an admired quality that very people possess. It is not easy to be an effective leader, and many people have failed trying. It doesn't have to be that difficult, and with the right knowledge along with a determined attitude anyone can be a good leader. Your search for great leadership tips begins in the following article below.

Make sure to engage people as a leader. You must learn how to motivate, involve, and excite others. Inspire them to engage their passions, strengths, skills, and creativity in the tasks at hand. Do what you can to acknowledge and appreciate each person's contributions and efforts. You should make them all feel like they did something to move the project forward.

Do what's necessary to promote group unity. This means making sure that everyone knows what tasks they need to perform and what everyone else is doing. This prevents duplicate effort. Also, make sure each member of the team keeps the others up to date on progress. This makes budget and time overruns less likely.

Say thank you to your employees. Many studies have been done on the power of a thanks given from a manager to his or her employees. It increases productivity, often by a lot. Just a little graciousness really can help extend your power as a leader, so be active about it.

To help your employees reach goals, set monthly as well as yearly goals. These goals will help spur your employees and help them know what your expectations are. By understanding your expectations, your employees will stay on task and strive to reach the goals. Monthly goals should be easily attainable with hard work.

Hit the Refresh Button

Look at “financial freedom” in a different way

by Chia-Li Chien | Aug. 09, 2013

Chia-Li Chien, Hit t the refresh buttonHow do you define “financial freedom?” Does your mind automatically answer with the time-honored, “never having to work again” or “saving up over time?” To you, does the term mean, “independently wealthy “ or just plain “rich?” Does it mean something in the far off in the future that you may or may not obtain?

It’s now a new day, and just as you hit the refresh button to get your most current email or social newsfeed, you may need to hit the refresh button for how you think of financial freedom.

As a business owner and/or entrepreneur, financial freedom could have these meanings for you in the here and now:

1.    I get to choose with whom I work.
2.    I get to choose who will pay me.
3.    I get to control how much I make.
4.    I get to say when or if I will leave my work.
5.    I get to control how I spend my time at work.

The new way to think of financial independence is all the above, PLUS, knowing that you have built or are building equity value in your business, that there is a plan to have money in the bank, and that you can elect to keep working and/or choose what’s next as a way to declare your freedom.

Think of your business as an investment.

In my first book, Show Me the Money, How to Run Your Business Like a Prosperous Investor, I talk about my friend Carrie who started a business at age 24 and in three years, had over $4 million in revenue, four international offices and two franchised offices. She decided she wanted to be able to cash out—to have the financial freedom—by the time she was thirty—to start a new business!

Identify your Business Strengths in Order to Focus your Business Efforts

by Paul Beauchemin | Aug. 06, 2013

When it comes to a business, there are several different specialties that most can take. As a private investigator, this is also true. Defining your market can help you to focus business efforts in the right direction.

There are probably thousands of people out there within your region who need the help of a private investigator, but what kind? You would probably agree that each case is different and so are the needs of the client.

As a business professional, you would probably also agree that you have expertise in a particular area over another. For instance, if you have been apprenticed and trained to investigate intellectual property cases, a client with a case of infidelity is not using your skill set effectively.

Time is Money