[On Demand] Cash Flow Essentials
Did you know that 7 out of 10 reasons businesses fail are related to inadequate cash flow? In a world where cash is king, cash flow is the lifeblood of every business. Learn how to leverage cash flow as a financial planning tool and start making better business decisions today! 8-session, self-paced, webinar series: 1. Cash Flow: What, Why, and How 2. Debunking Your Fears (income statements and balance sheets) 3. Accounting Basics (direct v indirect, fixed v variable costs) 4. Finding Where You Stand (budgeting, cash flow, Profit First, actuals) 5. Building Your Plan 6. Cash Flow As A Tool (how to pay yourself, how to increase cash flow, product/service lines) 7. Moving Forward 8. Why Businesses Fail and How Not to be One of Them (the money obstacle) The 8-module course includes video instruction paired with downloadable templates/worksheets. Each individual module consists of a 2-12 minute instructional video paired with self-paced homework (30-90 minutes) designed to further understanding of cash flow in your business. You will be able to access the course for 10 weeks. We encourage you to work through the course worksheets and follow up with an SBDC cash flow professional for no-cost individual consulting and financial review. The $45.00 enrollment fee is a special offer available through your local SBDC. The regular price of this course is $149.00. After paying online, you will be emailed a direct login link valid for up to 10 weeks.
Speaker(s): A graduate of the SBDC’s Leading Edge strategic planning series, Kelly returns to Colorado SBDCs to facilitate trainings on cash flow and understanding financial statements. She also facilitated the West Central SBDC's online Monday Motivators: Managing In Uncertainty series during the early months of COVID. Her no-nonsense approach to the numbers will help you understand the importance of knowing where your business stands, what needs attention, and where to focus as you navigate the changing world of business. Kelly brings experience in both the public accounting and private industry accounting fields. Her background includes a bachelor’s in finance and a master’s in accounting. Her education and experience bring value to start ups, developing businesses, and healthcare organizations by creating strong financial reporting practices and developing crucial financial reporting mechanisms.
Co-Sponsor(s): West Central SBDC
Fee: $ 45.00