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SMART Financials - Cash Flow & Profitability
Thu. 30 March 2017, 9:00 am – 12:30 pm AEDT
Over 80% of new businesses fail in their first five years. The number one reason for business failure is lack of cash flow. This workshop will provide you with a better understanding of business financials and teach you how to better manage your cash flow and increase your business profitability. Bring a calculator and your business financials to review on the day.
What will you get:
- Understanding key financial documents (P&L, balance sheet and cash flow statements)
- Calculating your business break even point
- Understanding the cash gap
- Margin vs markup
- Ratio analysis
- Budgeting and strategies to improve cash flow and profits
This workshop is suitable for:
Business owners or employees wanting to improve their financial knowledge, cash flow or profitability.