Event
Why do we talk about cash being king? Most organisations will experience cash flow issues at some point. Indeed, it is said that 80% of the organisations that file for insolvency are “profitable” in the accounting sense of the term – they just run out of cash to pay their bills as they fall due.
In recent years we have seen many companies fail due to interrupted cash flow, with the hospitality, manufacturing and construction industries sadly being most impacted. Supply chain issues, an increase in production costs, more red tape post-Brexit and post-pandemic – these are just some of the factors that have adversely impacted cash flow, the lifeblood of your business.
This workshop shows you how to track the cash flowing in and out of your business. We will also look at the tools you can use to ensure that your business has enough cash, not just to survive, but to thrive; to grow and expand and to overcome the challenges listed above. We’ll explore the metrics that lenders and investors will want to see to gain reassurance around cash management in the business.
Full of practical tips and a change in focus from the P&L to Balance Sheet management – you will leave armed with not just new knowledge, but a toolkit to help you proactively monitor and prioritise your own organisation’s cash and finance needs.
This is where the rubber hits the road!
This is a great opportunity to take a step back and work on your organisation’s finances, rather than working in it, to gain that helicopter perspective around any cash flow and efficiency issues. By giving yourself the luxury of time, you can gain clarity and strategic insight around any operational problems.
To attend this event, book your place here. Tickets for the full days course are £599 (excluding vat).