(REPLAY) Cash Flow for Small Business- Ent Business Seminar (VIRTUAL)
Profit does not equal cash, and for every small business cash is king. Understanding the cash flow of your business is essential to be successful. There are many ways to improve how you manage your cash flow. One of these ways is through cash flow forecasting. A cash flow forecast is the most important business tool for every business. The forecast will tell you if your business will have enough cash to run the business or pay to expand it. It will also show you when more cash is going out of the business, than in. In this workshop, learn what is cash flow, tips for cash flow forecasting including how to forecast monthly revenue and cash needs and make use of essential financial ratios to assist in improving current cash flow. This is a perfect workshop for small business owners and managers who are new to cash flow management or need a refresher. Don't let it manage you! 80% of businesses fail because of cash flow problems.
Speaker(s): Margaret “Meg” Scarlett
Co-Sponsor(s): Ent Business Banking
Free replay of a live class that occurred. Registration requested in advance. Contact SBDC at 719-549-3245 or email@example.com with questions.
Fee: No Cost