Cash is King

Cash is arguably the most important factor in business success. Dun & Bradstreet (D&B) reports 90% of all small business failures are due to poor cash flow—more money gets paid out than collected. It is the non-financial manager who really makes a difference in the day-to-day cash activities. Discover how to maximize cash flow, learn the importance of cash and find out your role in cash flow success. 

Agenda

Unit 1:  Cash Flow Strategies

• Why cash is so important in business
• What are the cash-critical stages in business
• What internal sources of cash are possible
• What potential external sources of cash there are

Unit 2:  Reporting and Evaluating Cash Flow

• Review of the Cash Flow Statement
• Review of Projected Cash Flow Report
• What the Cash Cycle communicates
• What improvements can be made to shorten the cash cycle
• Calculating cash cycle

Unit 3:  Projecting Cash Needs

• How much cash the business needs
• When cash injections are needed
• Which cash needs will internal sources be able to cover
• Which cash needs must be met through external sources
• Making comparisons with other businesses in the same industry

Unit 4:  Funding Requests

• What debt sources of cash are possible
• What are the potential equity sources of cash
• What requirements different funding sources have
• Making a pitch to investors
• Approaching potential lenders for financing