CASH FLOW MANAGEMENT

As a business owner one of the main jobs is to monitor, measure, invest, borrow and collect enough money so that a business can operate on track. Cash flow forecasts help to build a model of the way in which money moves within an organisation. In this workshop we will clearly demonstrate what a cash flow forecast is, how it works, and how to maximise the business’ money using this tool we will also explore the area of taxation for new business, helping to understand the fundamentals of business taxation.

Programme Objectives

• Provide a practical framework for the evaluation of risk

• Analyse the cash flow dynamics of a company

• Calculate a businesses free cash flow and debt capacity

• Explain the significance of effective planning

• Build and evaluate a forecast model

• Set effective covenants

• Be familiar with the correct method of accounting for same

• Explore the area of VAT in relation to their own business (Registration, Income Threshold, Rates)

The programme content will concentrate on:

• Setting up an effective system to monitor and predict cash outflows and inflows in line with industry standards

• Set-up costs – (what am I getting into?) 

• Calculating operational costs ( what will I need to sustain a rewarding business?) 

• Cash Management

Delivery Methodology

Group work, individual tasks, simulation exercises and workbook exercises with a strong emphasis on practical application throughout. This course is extremely interactive providing participants with the opportunity to prepare and practice their skills