Improving your cash balance in inflationary times August 25, 2022, 12:00pm EDT August 25, 2022, 1:00pm EDT
Location:
Zoom Webinar
04101

This one hour live webinar will explore the most common influences on your cash flow, and how inflation might affect them. Upon completion, you will be familiar with a set of options to consider when cash is becoming tight, and gain some initial experience using a cash flow projection to identify issues in time to avoid them. Participants will receive a copy of the Cash Flow Projection spreadsheet used during the workshop.

Content Summary:

  •    Brief overview of Balance Sheet, Income Statement, Statement of Cash Flows
  •    How terms offered to customers affect ability to repurchase inventory
  •    How Income, Depreciation, Loan Principal payments, and Balance Sheet changes affect cash flow
  •    Impact of changing Fixed vs Variable expenses on cash flow
  •    Summary of ways to improve cash flow
  •    Cash Flow Projection spreadsheet

This workshop is brought to you by the Maine Technology Institute.

Your Presenter: Whit Ford

Whit has experience in strategic planning, consulting, marketing, software and product development, and teaching. He operated a Maine small business for 25 years, served as Treasurer of two non-profits, and has been a SCORE Mentor since 2017.

About the Presenter(s)

Whit Ford

I can help brainstorm ideas, develop a business plan, describe your value proposition, forecast your financials, refine your pitch, plan for growth, and/or plan your product or service development process. My work experience includes industrial marketing, consulting, software development, non-profits, and education.

Improving your cash balance in inflationary times