8 Great Ways To Improve Your Cash Flow
In this 5-minute small business class online, you’ll learn 8 great ways to improve the cash flow in your small business.
Recommended Pre-Requisite Classes: None
Instructor: Jennifer Croft
Please note: You may have to raise the volume on your computer or phone to be able to clearly hear the video.
In this 5-minute online class, you’ll learn about how money flows in and out of a business and how to improve your cash flow. You’ll also find out about the importance of having a healthy cash flow and how it can help sustain you through tough times in your business. You’ll learn the difference between “profitability” and “positive cash flow,” and why you need both of them to have a successful business. You’ll discover four ways to impact the money coming into your business and four ways to impact the money going out of your business.
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Related ClassesHere are other small business classes online that relate to 8 Great Ways To Improve Your Cash Flow:
•How To Forecast Cash Flow
•How To Forecast Sales Revenues
•How To Calculate Cost Of Goods (COG)
•How To Calculate Gross Profit (GP)
•How To Forecast Monthly Overhead Expenses
WorksheetsThe following small business worksheets will be helpful for you to use:
•Cash Flow Forecast – 1 year
•Sales Forecast – 1 year
•Monthly Overhead Expenses – 1 month
Next StepsAfter taking this class, here are some good next steps you can take:
•Do a cash flow projection for your business for one year.
•Explore temporary changes you can implement to make your cash flow healthier.
•Explore permanent changes you can implement to make your cash flow healthier.