The National Business Education Council, LLC (NBEC) is a world organization of Subject Matter Experts in all aspects of small business affairs. SINCE 2009, the National Business Education Council, (NBEC US) has been bringing principles, practices, tools and systems used in large global Fortune 1,000 companies to small businesses of 1 to 30 employees.
SINCE 2009, the NBEC US has been bringing principles, practices, tools and systems used in global fortune 1,000 companies to small businesses of 1 to 30 employees. In 2015, the company was relocated to Cheyenne, Wyoming, USA.
Today, our global team connects high-performing suppliers to buyers in need, domestically and abroad across 17 industries
NBEC Vision
SOMEDAY
all small businesses will have access to
the same tools, skills, expertise, systems and resources used in global companies to perform at the same competitive level.
We help small business owners with 1
to 30 employees to gain access to
the same tools, skills, expertise,
systems and resources used in global
companies to perform at the same
competitive level.
The goal: Keep Customers for Life.
NBEC Mission
A balanced budget will immediately tell you
How much your Cost of Goods Sold should be.
Whether your business is set up to make a profit,
How many managers you need for your target revenue,
How much you should pay yourself as owner,
Whether you are paying your people too much or not enough,
When you can afford to give your employees a raise,
How much net profit you should make at your current sales level
What you should budget for marketing,
What you should pay toward debt reduction,
What your breakeven point
How much stock (or shares) you can afford to give to investors
What you should put aside for corporate taxes,
How much credit you can afford to give to your customers,
How much you should have in corporate savings,
What balance you should keep in your business checking account,
What you need for a line of credit,
How much you should allow for accounts receivable
How much debt you can afford to have,
A balanced budget will expose financial and operational limitations and prevent overspending.