Cash flow management
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Course details
What is Cash Flow Management? Well, cash flow management is the process of keeping track of how much money is coming into and out of your business.
Cash flow management is one of the most important aspects in managing your business' finances, but it tends to be an area that gets overlooked until after your business hits a crisis. In fact, 82% of small businesses fail because of poorly managed cash flow.
That sounds dire, but it actually means that by keeping your spotlight on cash flow management, you can make a direct difference in helping your business stay afloat and profitable. So in this online course led by Olga Sommer, you'll discover the techniques you need to manage your cash flow more effectively.
What you'll learn in the Cash flow management course
- Tips to effectively manage payables and receivables
- What liquidity means for your business
- How to maximize profitability
- What financial reporting is, and how and why it's so important
- How to develop a realistic budget for your business
- Techniques for introductory forecasting for sales and expenses
- How to calculate your break-even point, and why
- Best-practice strategies for managing cash flow, even under challenging circumstances
Who the Cash flow management course is for
This online course is aimed at new and aspiring managerial staff looking for ways to optimize their business' cash flow management.
Meet your instructor
10 lessons included in this course
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Complete all the lessons included in the course. Each lesson is generally 3-5 minutes long.
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At the end of each course is a quiz. The quiz will test that you have retained the key learning outcomes in each course.
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All Typsy courses are endorsed by the Institute of Hospitality
Typsy courses have been endorsed by the Institute of Hospitality which demonstrates the courses:
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- Are relevant to the needs of the industry
- Meet a wide range of essential criteria relating to quality standards and quality learning outcomes
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