This course includes
- Quizzes & knowledge checks
- Downloadable resources
- Closed captions & dubbing
- Mobile app (iOS & Android)
- Hands-on activity
Cash flow management
Learn what is cash flow management and how to manage small business financials with best practice strategies for managing cashflow with online training at Typsy.
This course includes
- Quizzes & knowledge checks
- Downloadable resources
- Closed captions & dubbing
- Mobile app (iOS & Android)
- Hands-on activity
Supported by trusted hospitality organizations
This course is supported by leading hospitality organizations, reflecting recognized industry best practice.
Skills you will gain
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.
Course content
10 lessons · 40m 54s total · 1 hands-on activity
Course instructor
Olga Sommer is a seasoned hospitality professional with over 20 years of experience in the industry. Currently serving as the Senior Multi Sites Revenue Manager for Ascott Hospitality Management, Olga oversees properties across Germany, Austria, and...
View full profileInstitute of Hospitality
This course is globally recognized by the Institute of Hospitality and is worth one (1) CPD point.
Find out more →Why learn on Typsy?
Practical training designed for real hospitality moments.
Learn from industry professionals who understand real service.
Short, flexible lessons that work around shifts, not against them.
Give individuals clarity and teams a shared standard to follow.
