MBN USA

February 14, 2022

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In-depth workshop to explain cash flow, how to manage, improve it

About this event 

Understanding cash flow is a critical part of your business planning in order to maximize earnings this year, but we understand that it can also be challenging.

We are offering a focus, hands-on training exclusive to NLBWA-IE members, to give you the opportunity to get the answers you need to bring more clarity to this process. This two-workshop will cover the following:

• Understanding what cash flow is
• The value of cash flow statement
• Elements of cash flow statement
• Nine effective cash flow strategies
• Sample of cash flow statement
• Cash flow financing vs asset base financing

Session 1 – Understanding and managing your cash flow

In attending this course, you will understand how cash management encompasses how your company manages its operations or business activities; financial investments & financing activities. You will learn how to generate cash flow from your business in order to survive; meaning, if it is able to cover its expenses, repay your vendors, and expand your business.

You will gain a basic understanding of how to plan & generate cash from your business activities to manage your cash situation, so that you maintain the right amount of cash to meet your immediate and long-term needs.

In addition, we will discuss cash flow (asset base) financing as oppose to collateral financing, based on equipment, real-estate etc.

Session 2 - Improving cash management

This lesson plan will provide you with an insight as how to improve your Cash Management processes and procedures. Even if your Company is making a profit by making more revenue than it incurs in expenses, you will have to manage your cashflow correctly. Gain knowledge on how to improve your cash flow and how this impacts the growth and development of your business.

We will also cover how understanding your cashflow offers a clear view of the financial health of your business. A company’s cash flow is tied directly to its operations or business activities, specifically; to its investment activities (such as the purchase of the sale of capital equipment), and to its financing activities (such as raising debit or equity funding for purposes of repaying such funding. While a company can fudge its earnings, its cash flow provides an idea (blueprint) about its real financial health.

Recommendations and requirements:

• Must register via Eventbrite registration page.
  
• All registered attendees will receive an email before the event with the link to access the event.
  
• Platform: Zoom (recommended to download app if accessing through mobile device) Recommended browsers: For the best experience, please use one of these browsers: Edge, New Chromium Edge, Chrome or Firefox. No finance experience needed. 

Meet our instructor:

LaVonne Shields is the CEO of Management Consultants of America. As an accounting strategist and business ACCOUNTability coach, she specializes in training and consulting business owners to help them gain peace of mind and relieve stress associated with running a company, all while improving the bottom line. LaVonne uses her expertise to help engage business owners in all facets of their company, including financial management. She created ACCOUNTability, a specialized training and system that helps to engage business owners into the financial management of their business and seamlessly integrate their accounting into their operations.

Shields is a passionate Accountant with over 20 years of experience working in several industries (including banking, real estate, construction and non-profit). She is enthusiastic about helping small businesses and entrepreneurs improve their bottom line

Shields holds a Bachelor’s Degree in Accounting, is a QuickBooks ProAdvisor, and is a registered tax preparer with the State of California. She also serves as a business consultant and trainer for the Inland Empire Women’s Business Center.