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Finance fundamentals: How to keep cash flowing

November 27, 2020 @ 10:00 am - 12:00 pm

Finance fundamentals: How to keep cash flowing
Cash flow is the life blood of every small business. Not enough cash flow, and things start to go wrong. Without it, no business can survive

If you’re spending more time juggling cash than running your business, making a profit but still struggling to pay the bills, then this essential small business workshop will ensure you’re never caught short again. Even a profitable business can have issues with cash flow. In fact, running out of money is a sure way for a profitable business to fail. Don’t let that happen to you!

Learn to identify what’s driving your own cash flow and what you can do to keep cash pumping into the parts of your business that need it most. Get on top of the fundamentals, including the difference between profit and cash, the role of marketing and how the working capital cycle can impact your business. Learn how to manage stock, suppliers and debtors and how to prepare a cash flow forecast so you can avoid a crisis before it hits.

This Business Victoria workshop is delivered by a small business financial expert and packed with practical tips and techniques you can apply straight away. Ensure the life blood of your business never stops pumping at this essential workshop, one of many that have helped businesses in Victoria get started for over 10 years.

Learn how to:

• Tell the difference between profit and cash

• Understand the working capital cycle

• Improve customer collections

• Manage stock

• Manage suppliers

• Manage debtors

• Avoid a cash flow crisis

• Prepare a cash flow forecast

• Access tools, templates, support and resources

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    Details

    Date:
    November 27, 2020
    Time:
    10:00 am - 12:00 pm
    Event Categories:
    ,

    Organiser

    Swan Hill Rural City Council
    View Organiser Website

    Venue

    Online

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