10 Business Cash Flow Principles to live by

Name: 10 Business Cash Flow Principles to live by
Rating: 4.6 (29 reviews)

Last updated 9/2020

English

What you'll learn

4 sections • 20 lectures • 1h 23m total length

Principle 1: Access to information1:09
The Cash Flow Cycle explained1:35
Principle 2: Know where you are at - introducing the working capital statement1:59
Activity: Compile your own working capital statement11:01
Principle 3: Focus on what you can control4:12
Principle 4: Keep your personal expenses out of the business4:08
Principle 5: Know your expenses (including activity)3:36
Principle 6: Net profit does not equal cash flow4:09
Principle 7: Keep your cash flow positive7:19
Inventory days and Introducing credit purchases5:19
Introducing credit sales5:34
Our example comes together6:31
Principle 8: Keep the cash flow short - Calculating the cash flow cycle days5:11
Activity: Your actual cash flow, cash flow waterfall, cash flow calculations4:48
Principle 9: Keep your fixed costs low3:39
Principle 10: Plan for the foreseeable future - a cash flow projection6:35

Discover 10 cash flow principles so that you can effectively and efficiently manage your business cash flow.

Learn the importance of having access to the right information at the right time.

Learn to compile a working capital statement to alway know your business' current situation.

Learn to be pro-active : compile a cash flow forecast to plan for the foreseeable future.