CASH FLOW MANAGEMENT: UNDERSTANDING CASH FLOW AND HOW CASH FLOW DIFFERS FROM NET PROFIT

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Free Online Course: CASH FLOW MANAGEMENT: UNDERSTANDING CASH FLOW AND HOW CASH FLOW DIFFERS FROM NET PROFIT provided by Skillshare is a comprehensive online course, which lasts for Less than 1 hour of material. The course is taught in English and is free of charge. CASH FLOW MANAGEMENT: UNDERSTANDING CASH FLOW AND HOW CASH FLOW DIFFERS FROM NET PROFIT is taught by Desarie Anderson.

Overview
  • We have all heard the saying "CASH IS KING."  The old-time phrase is extremely relevant if you run a small business.    

    Without sufficient cash flow, a business will most likely fail even if the business has consistent positive monthly net profits.  

    This class will demonstrate the difference between cash flow and net profit.  The class will also provide you with a simple tool that will help you understand and visualize how profit and cash flow work side by side. 

Syllabus
    • Introduction
    • Lesson 1 The importance of keeping good accounting records
    • Lesson 2 Is it time to switch from a spreadsheet to software
    • Lesson 3 Difference Between Gross Profit and Net Income
    • Cash Flow Step 4 What is cash flow management
    • Lesson 5 The difference between cash flow and net income
    • Lesson 6 The Cash Flow Worksheet Excerise
    • Lesson 7 Hands On Project
    • Final Thought