Cash Secrets of the Pros

Learn some unique ways to get, grow and keep cash in your business.

Cash Secrets of the Pros

Learn some unique ways to get, grow and keep cash in your business.
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About the Class

No matter how you slice it, a company needs cash to survive. It's like air to a human. Cash is an essential basic element. Most small business owners know this, but still, end up focusing on the income statement to determine their success. Yes, sales and profit are important, but cash is critical. This lesson focuses on three phases of business and evaluating the cash needs around each. Here are the basic objectives you will learn. Be sure to download the resources to follow along with the lesson.

  1. Understand the basic difference between profit and cash. Paper profits do not always equate to cash in the bank
  2. Learn the 4 ways to make more money in a company
  3. Discuss the 4 most common ways business owners finance their company to get up and running or fuel growth plans
  4. Learn the most commonly missed step in forecasting growth - the impact on the balance sheet. You will learn to forecast the balance sheet in order to determine future funding needs
  5. A technique to find hidden cash opportunities within the company using the financial impact worksheet and the cash impact map

Author

Cash Flow Mike

Check out my book on Amazon - Don't Be A D.U.M.B. Business Owner
Trusted Coaching Professional Since 1999, I’ve built 12 small businesses and helped 1000's of other owners break through the obstacles that seem to be holding them back in life. Life's too short to be unhappy, unsure, or unfulfilled. Let me help you learn and develop better ways to handle the issues that are standing in the way of your small...

School

Cash Flow Mike's School

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What's Included

Language: English
Level: Intermediate
Skills: Cash Flow, Balance Sheet, Balance Sheet Forecasting, Business Financial Management, Cash Secrets, Cash Statement Analysis
Age groups: All ages
Duration: 52 minutes
2 Videos
3 Documents
0
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