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Cash Flow Forecasting can be Easy … Even if You Hate Numbers and Spreadsheets

ASIC statistics show that key reason small businesses fail is because of poor cash flow and only 58% of small businesses survive more than 3 years which makes cash flow forecasting a key tool for business survival. I’d cover things like …

    • The difference between an P&L and cash flow (it’s all in the timing).
    • Why highly profitable companies go bust – profit is just an accounting concept so an owner’s focus should be on the actual cash they receive.
    • Where a cash flow forecast fits in the scheme of things, when it should be prepared / who does it – your accountant or bookkeeper etc.
    • Timing and seasonality; and how cash can become negative, despite profit being positive month on month.
    • No advanced excel skills required – An example run through / screen cast for populating your own cash forecast.
    • What to do if there’s a shortfall in the future: this will include becoming more efficient with invoicing and collecting debtors, timing purchasing more carefully, seeking finance well in advance of needing it etc.

Our Presenter

Amy Chen | Amy Chen Coaching & Consulting

Amy Chen | Amy Chen Coaching & Consulting

After a decade in financial services, Amy turned her focus to working with small businesses when she constantly saw owners pushed out of their comfort zone when she quizzed them on their financials. What she saw were bright people, highly skilled in their area of expertise that with the right help, could easily take control of their numbers to allow time to focus growth and profit. Putting in this work gave clients the confidence that their business foundations were rock solid. Her goal is to provide small business owners with the right tools to conquer their financials to empower them to make informed decisions so their business can thrive. Taking a no BS approach, Amy believes your business mantra should be cash is king, and numbers are easy, when you have the right knowledge. A regular contributor to publications such as Entrepreneur and Smart Company, Amy has worked with companies across many industries both domestically and abroad. She uses her extensive commercial and financial background to help small business owners get to the bottom of their numbers. In doing that, you take control of your cash, you can go back to focusing on what you love doing, without stressing about whether there's enough money to pay the bills. Click here to find out more about Amy...


March 18
12:00 pm - 1:00 pm





Special Requirements

You will receive an email confirmation with a link two days ahead of the webinar.

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