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Cash flow is king for small businesses and the self-employed. Nevertheless, planning cash flow is easier said than done, especially if you are not a numbers person. However, if you are going to succeed in business, mastering basic cash flow projections is a must. After all, you can be a profitable business yet still have poor cash flow, simply because the cycle of cash in and out of your business isn’t synchronized.
This webinar is specially designed to help entrepreneurs and small businesses forecast the financing requirements. After completing this workshop, participants should be able to:
Complete the entire forecasting process using user-friendly templates developed by SCORE -LA to help determine the financial viability of your business.
Determine and manage cash flow on a month-by-month basis and project future cash needs.
Key Benefits / Takeaways
How to forecast without historical data
What you can do within your company to better manage cash flow
How to operate with suppliers, lenders and customers to improve cash flow
A painless process for creating financial projections, a must for any business plan
Presented By: John Doyle - For more than 40 years John Doyle worked as a commercial banker starting as a branch manager advancing to a district manager. Through this position he grew to know the operations of small to medium sized businesses throughout Wisconsin and California. During his lengthy career Mr. Doyle also created the first variable-rate check secured line of credit in the United States.
This webinar was recorded on July 8th 2020. All information is correct at time of recording. Since this time, some information may be superceded or obsolete.