At the end of the 3 hour workshop participants will walk away with an understanding of how to construct their own cash flow forecast.
They will have an understanding of the difference between a profit & loss statement and a cash flow statement and how to price their products and services and the impact margins and mark ups will have on their pricing.
How and why to budget?
Predicting the cash flow in and out of the business – why it is important to recognise the cash only when it actually comes in and out.
Tips to improve cash flow in a business
Pricing tools for service and retail industries
Margin & Mark ups – what’s the difference, why it’s important to understand