Financial Planning for Profits –this is such an important aspect of your business; as they say, Cash Flow is King; it is not a fall in profits that leads to failure but a lack of cash.
A cash flow statement is more than just an account of the ebbs and flows of money in and out of your business or a key financial statement. In its lines hides the core of your business’s operations and your thought processes as the owner. When read and assessed correctly, it can locate flaws in a business model and projections, pinpoint the underestimation of costs, the overinflation of revenues, and the costing and pricing of the products and services that drive business growth. The Cash Flow statement also feeds your other financial statements and your knowledge of these statements can find the flaws in the assumptions about your business’s production and sales capacity, capital need, and time management. Their power far exceeds the correct mathematical summation of its rows and columns.
REGISTER for this free webinar and learn how to read between the lines to help your small business grow.
About the speaker:
Ramona Gallagher is a seasoned professional with over 25 years of experience providing common-sense advice to uncommon entrepreneurs. Her expertise lies in micro-businesses, ‘mom and pop’ retail and service businesses, and business start-ups—especially those with limited funds who need to learn the ropes themselves. As an internationally recognized speaker, facilitator, writer, and trainer, she has shared her insights across the globe. Not only did she successfully launch a global e-commerce site during the early days of online commerce but she’s owned multiple product and service-based companies. To say she’s passionate about small business would be an understatement. Her commitment to small business burns brighter than a neon “Open” sign at a 24-hour diner.