Segment Your Finances | BTalk Australia
By Phil Dobbie | May 12, 2009
BNET Australia Contributors
Aussie Rules
Biography
BNET Australia Contributors
Brian Haverty is editorial director for CBS Interactive Australia and is responsible for the company's BNET and ZDNet Australia sites.
Robert Gerrish is a coach, author and professional speaker and the founder of Flying Solo, an Australian online community for solo business owners.
Melissa Lourenco is the HR manager for CBS Interactive in Australia.
Chris Golis is the author of The Humm Handbook: Lifting Your Level of Emotional Intelligence. He runs seminars and workshops on EQ.
Suzi Dafnis is Community Director of the Australian Businesswomen's Network.
Yvonne Adele helps organisations build a culture of ideas by teaching people at all levels to access their untapped creative thinking skills.
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(Episode 242: 14min 36) Now more than ever it is important to understand where your profits are really coming from. Nathan Sherry, Managing Director of Profitreports.com.au, says it’s important to segment your financial reporting to understand which aspects of your business provide the best return. In today’s BTalk Australia he uses last year’s financial results from Woolworths Limited to demonstrate how a segment providing a good sales margin isn’t necessarily what’s best for your business.
Phil Dobbie asks Nathan to tell us what he reads from these results, and how your business can start down the road of segment reporting.
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