Cash Flow Management
One of the greatest sources of stress for small business owners is managing cash flow. 69% of business owners who have been kept up at night by concerns about cash flow. More than half of U.S. businesses have lost $10,000 or more by foregoing a project or sales specifically due to issues created by insufficient cash flow. This course shows you how to help clients assess current and future cash flows. You learn techniques to increase cash flow and reduce dips in cash flow. Critical sources of cash for businesses are listed, along with the pros and cons of major sources.
Preparation of a cash flow projection is discussed, anlong with techniques for discovering a company’s sustainable growth rate and how to increase it. Techniques for increasing growth, profit, and cash using leveraging are discussed. Leverage also comes with risks, and the course also discusses how to manage those risks.