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Cash is lifeblood of every business and as such it must be managed effectively. Keys to success revealed in this course.
This module is all about managing your cashflow. Carefully managing your cash inflows from revenue and cash outflows from expenditure is key for the on-going survival of your business. This module will be broken down into 3 parts. In Part 1 we will look at exactly what managing your cashflow is all about and will look at cash inflows and outflows more closely. In Part 2, I will provide you with 7 tips on how to avoid cashflow problems and also share with you an additional 10 tips for managing your cashflow in troubled times. In Part 3, I will reveal three useful cash management measures that you can use to manage your cashflow successfully. This will include some worked examples to help you better understand exactly how to do it for yourself.
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