Generating Cash flow

Understanding and managing cash flow is critical to the success of any business. This practical workshop facilitated by Business Victoria, explores the key drivers of cash flow and how money moves through a business, from suppliers to customers. Participants will learn the difference between profit and cash flow, gain an understanding of the cash conversion cycle, and identify strategies to improve customer collections and supplier payment management.
The session will also examine the relationship between marketing, stock management and cash flow, and provide practical guidance on preparing an effective cash flow forecast. Attendees will leave with a stronger understanding of how to monitor, manage and improve cash flow performance, along with access to additional resources to support ongoing business planning and financial management.