BDO masterclass: Control your cash flow

Poor cash flow management can lead to financial stress and can sink any business. Business owners with a cash flow management system tend to sleep better at night because they control their cash flow rather than cash flow controlling their business.

With a process or tool for managing cash flow in place, you can predict if and when you might need an injection of cash, you can put strategies in place to reduce expenses and stretch your cash flow further.

This workshop covers:

• identify common cash flow mistakes and how to avoid them
• understand how cash flows through a business
• identify strategies to decrease cash flowing out of your business
• determine how to increase cash flowing into your business
• recognise ATO payments and financial obligations relevant to you
• understand the structure of a cash flow forecast.