Generating Budgets and Cash Flow
Every business needs to produce a budget if only to make them plan ahead and think where they will be going in the future.
On the cash flow side we will be looking at producing a weekly cash flow to identify future cash shortages and look at ways to minimise cash issues.
The course will cover the following elements:
Budgets
- Why we produce budgets
- How to prepare a yearly budget
- Comparing budgets to actual results
- What to do when things go wrong
Cash flow
- Importance of controlling cash
- What factors limit cash flow in a business
- Producing a weekly cash flow
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