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Course details

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 course led by Olga Sommer, you’ll discover the techniques you need to manage your cash flow more effectively.

WHAT YOU WILL LEARN

  • 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

This course is aimed at new and aspiring managerial staff looking for ways to optimize their business’ cash flow management.

Meet your instructor

Olga Sommer

Olga Sommer is the Director of Revenue for Nobu Hotel London.

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Complete all the lessons included in the course. Each lesson is generally 3-5 minutes long.

3
Pass the quiz

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:

  • Adhere to good practice standards in training and training delivery
  • Are relevant to the needs of the industry
  • Meet a wide range of essential criteria relating to quality standards and quality learning outcomes

All Typsy courses are endorsed by the Institute of Hospitality

What our members are saying

"I especially love how crisp and easy to follow these courses are."

"Been loving Typsy so far! It was honestly like love at first sight, with the plethora of informative courses at my fingertips in such high quality and certified instructors. I especially love how crisp and easy to follow these courses are, whether you're a novice or an expert... Highly recommend Typsy to everyone who's a part of the hospitality industry."

Tarini T Tarini T

"It assisted in sharpening and updating my current skills."

"I have been using the Typsy online training platform since April 2020 and have found it to be very informative, simple, and it provides hands-on, practical skills that I have been able to immediately implement at my accommodation facility. It also assisted in sharpening and updating my current skills to enhance my guests' experiences in the future."

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FAQ

Each course consists of a number of 3-5 minute lessons and a quiz. When you successfully pass the quiz you will earn a digital course certificate.

Yes! Every Typsy course includes a digital certificate that you can download or share online. To earn a certificate you must successfully pass the course quiz.

No! Each course is 100% online. You can login at anytime and learn at your own pace.

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