The Art Of Managing Business Cash Flow

Improved liquidity allows you to capture more opportunities and reduces stress

What you'll learn

Identify ways to speed up cash inflows

Identify ways to slow down cash outflows

Recognize the parts of the cash conversion cycle and ways to reduce the cycle

Create a cash flow projection

Requirements

None

Description

One of the greatest sources of stress for small business owners is managing cash flow. 69% of business owners 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 flowThis course shows you techniques to increase cash flow and reduce dips in cash flow. You'll receive tips for speeding up the cash inflows and ways to slow down cash outflows. I explain how to prepare a cash flow projection. You discover a company’s sustainable growth rate and how to increase it. Leverage (i.e., debt) can increase growth, profit, and cash. Leverage also comes with risks, and I explain how to manage those risks.Periods of high cash flow allow you to prepare your company for the future or provide owners cash for their personal needs. I'll walk you through some options for excess cash.You'll also receive the following:Links to a cash flow projection template and profit and loss (i.e., income statement) templateA worksheet on standard methods for projecting numbers to help you build your cash forecastsA sustainable growth rate calculator that estimates how much your company can sustainably grow at varying earnings levels and owner distribution levels.

Overview

Section 1: The Cash Conversion Cycle and Three Tanks of Cash

Lecture 1 Welcome and Overview

Lecture 2 Text Version of the Course

Lecture 3 The Cash Conversion Cycle

Lecture 4 Cash Conversion Cycle Calculator

Lecture 5 The Three Tanks of Cash

Section 2: The Art of Managing Cash

Lecture 6 Benefits of Cash Flow Projections and Forecasts

Lecture 7 Creating a Cash Flow Projection

Lecture 8 Cash Flow Projection Template

Lecture 9 Ways to Project Numbers

Lecture 10 Speed up Cash Inflows

Lecture 11 Slow Down Cash Outflows

Lecture 12 Managing Debt and Equity

Lecture 13 Managing Excess Cash

Lecture 14 Cash and Growth

Lecture 15 Sustainable Growth Rate Calculator

Business employees or owners who manage company cash flow,Business advisors who want to help their clients better manage cash flow