CASH FLOW MANAGEMENT


Financial Stability - Healthy cash flow is essential for maintaining financial stability and weathering economic uncertainties. By managing cash inflows and outflows effectively, you can meet financial obligations, seize growth opportunities, and navigate challenges with confidence.

Operational Efficiency - Smooth cash flow management optimizes operational efficiency and minimizes liquidity constraints. By forecsting cash needs, monitoring cash balances, and implementing cash flow controls, you can avoid cash shortages, reduce borrowing costs, and optimize working capital.

Strategic Planning - Accurate cash flow projections provide valuable insights for strategic decision-making and resource allocation. By understanding your cash position, you can prioritize investments, negotiate favorable terms with suppliers, and pursue growth initiatives that drive long-term success.

Risk Mitigation - Proactive cash flow management mitigates the risk of financial distress and insolvency. By identifying potential cash flow gaps and implementing contingency plans, you can protect your business from cash flow crises and maintain resilience in the face of adversity.

Included in this session to help you develop a solid understanding of Cash Flow Management:

  • learn the information needed to develop a cash flow worksheet
  • how to convert your accounts receivable aging report to fit a cash flow report
  • how to convert your accounts payable aging report to fit a cash flow report
  • how to incorporate your sales orders & purchase orders into a cash flow report
  • how to incorporate a bank line of credit into a cash flow report
  • what to look for when monitoring your cash flow report
  • a template to develop operating processes for your cash flow report

ALL CONTENT IS PURELY FOR EDUCATIONAL PURPOSES ONLY AND DOES NOT INVOLVE PERSONALIZED ADVICE OR SERVICES.