For most entrepreneurs, a growing business is an exciting endeavour that is a proven marker of success. But with any business that grows faster than expected, it doesn’t take long for cash flow to become an issue. Taking on too many projects, the seasonality of the industry and outstanding A/R, can all lead towards a cash crunch, affecting your ability to run the business the way you intended. In this webinar, we will give you key tips and tools so you can navigate your company cash flow and maintain a healthy balance of growth and sustainability.
By the end of this webinar you'll:
- Understand healthy cash inflow and cash outflow
- Have the tools to build a 12-month prediction on your business’ cash flow
- Identify risks in your cash flow plan
- Establish strategies for managing common cash flow challenges such as seasonality, difficult A/R or unintentional overspending
Please note, you need to log in and attend the entire session to qualify for BC Housing CPD credits.
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