One of the greatest sources of stress for small business owners is managing cash flow. 69% of business owners who have been kept up at night by concerns about cash flow. More than half of U.S. businesses have lost $10,000 or more by foregoing a project or sales specifically due to issues created by insufficient cash flow.
This course shows you how to help clients assess current and future cash flows. You will learn techniques to increase cash flow and reduce dips in cash flow. Join expert, Rob Stephens, as he lists critical sources of cash for businesses, along with the pros and cons of major sources.
The course also explains how to prepare a cash flow projection. You will discover a company’s sustainable growth rate and how to increase it. Rob also walks through how leverage can increase growth, profit, and cash. Leverage also comes with risks and this course explains how to manage those risks.
Publication Date: June 2022
Topics Covered
- The importance of cash flow
- Where businesses get cash
- Analyzing past cash flow
- Debt and equity funding
- The art of managing cash
Learning Objectives
- Recognize how to explore ways to assess current and projected cash flows
- Discover methods to increase cash flow and reduce dips in cash flow
- Identify sources of cash for businesses
- Identify the objectives of cash flow management
- Recognize the four main sources of cash for a business
- Describe the three conversion cycle periods
- Identify how the current ratio (aka working capital ratio) is calculated
- Recognize what is not added back to earnings to arrive at EBITDA
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Accounting (3 hours)
Program Prerequisites
None
Advance Preparation
None
Instructor
Rob Stephens
Rob Stephens is the Founder of CFO Perspective, where he provides finance and strategy resources to help businesses make better decisions. He has been quoted in Bloomberg Businessweek, Forbes, U.S. News and World Report, Business Insider, Business News Daily, and many other news sources. Rob has a 20-year career that includes serving as CFO for two banks and a health clinic system. He was also Director of Operations at a $4 Billion bank and SVP of Finance of a $2 billion credit union, where he was Program Manager of an investment advisory group with $170 Million in assets under management. Rob is an adjunct instructor for the MBA program at Gonzaga University.
Rob holds a Masters of Science in Personal Financial Planning and a Graduate Certificate in Financial Therapy from Kansas State University. He received a B.A. in Business Administration from the University of Washington and is a CPA.