Lunch n’ Learn Cashflow Workshop
Why is a solid understanding of cash flow so important?
Cash flow management is the cornerstone for both start-ups and established businesses. All profit-making businesses that sell goods and services are created to generate cash for the business. Proper management of the cash is critical for the survival and growth of the business. Cash flow management provides an inside of how much cash is generated by the business at any given time through sales, financing, investments, etc. (cash inflow) and how much cash is used by the business (cash outflow) to cover debts, pay employees and suppliers, etc.
Hosted by Community Futures Wood Buffalo we will explore the importance of cash flow management for both start-ups and established businesses.