http://www.petercameron.co.uk Small Business Finance is a series of short video tutorials explaining financial forecasting and reporting. The series is aimed at people starting or running small businesses - especially in the UK. It should also be useful for students studying GSCE Business Studies, and for Non-Financial Managers of larger businesses. This episode explains how to construct a cash flow forecast, including how to use a spreadsheet template. Future series will include Writing a Business Plan and How To Prepare a Marketing Plan. Please subscribe to be kept informed of new releases.
Просмотров: 30687 Peter Cameron
A cash flow statement helps people understand the health of a business by examining the operating activity, investing activity and financing activity. Present cash flow statements to potential investors or management teams with information from a small business owner in this free video on running a business. Expert: Justyn Hornor Contact: www.jpmgmt.com Bio: Justyn Hornor has been a small business owner for more than nine years.
Просмотров: 28167 eHow
Small Business Cashflow Explained. the cash-flow quadrant by Robert Kiyosaki small business taxes liability and general liability insurance all explained in this video about the difference between personal income and business income and paying taxes and proper cash flow analysis plus me ranting and raving and going crazy complaining like a cool guy SUBSCRIBE http://bit.ly/2gUIwVF Get my 3 FREE* Videos Series http://8akzrlpz.megaph.com/ "TRUTH EXPOSED" Watch "Full Episodes" Landscaping: http://www.youtube.com/playlist?list=PLub0_q7i2mDTnJZUDad2g53a4kOSz442R Window Cleaning Business - How to Start a Window Washing Business Tools tips & techniques - Window Cleaning Blueprint: http://www.youtube.com/playlist?list=PLub0_q7i2mDRW4P08z-ig5U68HpF3h4zQ Keith's Life & Vlogs Episodes: http://www.youtube.com/playlist?list=PLub0_q7i2mDSIzK7KJnN_CM6aH74DxOyz Keith Landscaping Talk - How To: http://www.youtube.com/playlist?list=PLub0_q7i2mDRVFvsdvS0hSbaDqu-ubgTz "How to Start a Landscaping & Small Business Tips & Tricks: http://www.youtube.com/playlist?list=PLub0_q7i2mDQQQhf-B9Vgf0BQhrmmDxiO Inspirational Talks by Keith - Motivational Inspirational - Small Business Success: http://www.youtube.com/playlist?list=PLub0_q7i2mDRu2HKNCEj3Q9KYc2OKeVTT Motivational Talks by Keith - Sales Selling, Money and Business: http://www.youtube.com/playlist?list=PLub0_q7i2mDTsUYLogWRR_aEYgqwQ4een Tips & Advice - In The Field - Landscaping and Window Cleaning Tools & Business "How To": http://www.youtube.com/playlist?list=PLub0_q7i2mDTiAb5tznZp966rz8mUlj_j LANDSCAPING BUSINESS How to Guide http://rep6chdk.megaph.com/?skip-trac... Landscaping Business http://gfly8wet.megaph.com/ The AUDIOBOOK is HERE !!! Get YOUR Copy NOW Click Here to Get Your Copy http://gfly8wet.megaph.com/ "TRUTH EXPOSED" About Your First Year in The Landscaping Business. If you're anything like me your first year in the landscaping business can be a total nightmare. If you weren't surrounded by employee minded people you're going to get nothing but bad advice. Send me mail: Keith K. 13854 Lakeside Circle Suite #213 Sterling Heights , MI 48313 #lawncare #Windowcleaning #snowplowing #landscaping The Landscaping Employee Trap Whether you dream of starting your own lawn care, landscape or snow plowing biz. With a basic understanding of even shrub trimming, tree service, horticulture, garden maintenance, arboriculture, window cleaning flowers, botany, gardening or any of the above combined with a will to succeed it's all very possible. The Landscaping Employee Trap Ditch-Your-job-and-Start-Your-Own-Damn-Company How-To-Start-a-Landscaping-Company-With-No-Money http://www.facebook.com/TheLandscapingEmployeeTrap http://www.twitter.com/TheEmployeeTrap http://8akzrlpz.megaph.com/https://www.youtube.com/user/TheEmployeeTrap Keith K landscape #landscaping #lawncare #snowremoval #coaching #motivation #Windowcleaning Equipment: Scag Ferris Stihl Echo Redmax John Deere Shindaiwa Zero Turn Honda Gravely Kubota Zero Turn ** 1-on-1 Personal Coaching Call with Keith Kalfas https://keith-kalfas.mykajabi.com/store/BCP8Aoqt
Просмотров: 38018 Keith Kalfas
Create a basic cash flow forecast using excel. If you need help get in contact. www.bpfs-online.com Support this channel https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=FHGCUQ8GU9VB6 Take our Online Sage training course http://www.bpfs-online.com/p/online-sage-training-course.html Create a bookkeeping spreadsheet using Microsoft Excel http://youtu.be/LlWADbkGdac Sage Accounts Bookkeeping Tutorial/Training Learn more at www.bpfs-online.com
Просмотров: 566169 BookkeepingMaster
If you want to build a successful business, it’s important to know your numbers. In this web series, you’ll learn how to calculate your start-up costs, test the viability of your business idea, price your products and develop financial forecasts that will help you manage your company. You’ll also learn: - How to develop budgets - How to create and analyse an income statement - How to calculate your break-even - How to develop a cash flow forecast and manage your cash flow - How to read and analyse your balance sheet - How to cost and price your products and services profitably By viewing these webinars, you will get access to a range of financial templates to help you better plan your business, while walking away with a better understanding of your business’s financials to improve your chances of success. To download the workbook associated with this boot camp visit - https://www.dropbox.com/sh/4qs6do1gr94218f/AABRGWvR1Qr-nWNZ9WC3guCaa?dl=0
Просмотров: 5511 Enterprise Toronto
Learn why cash is King in your business and profit is only the Queen! Discover how you can improve cash flow management in your small business. Another small business improvement video from Your Business Coaching Club - http://yourbusinesscoachingclub.com/ Check out the supporting blog post at - http://yourbusinesscoachingclub.com/managing-your-cash-flow-effectively/ Become a member of Your Business Coaching Club for just $15 per month. Learn more here - http://yourbusinesscoachingclub.com/business-coaching-lite-sp1/
Просмотров: 3573 Craig Ridley
Forecasting cash flow is an important and often overlooked tool that many small businesses don't do. For most small businesses, forecasting cash flow is simply attempting to predict what your check book will look like over the coming months. If you're going to run out of cash, better to figure it out a few months ahead instead of the week you discover you don't have enough cash to pay your obligations. In this video, we're going to look at a cash flow exercise we use in the Successful Entrepreneur program at Independence Community College and walk through the steps of cash planning using a scenario of a tool and jig company called "Tool Shop Solutions". You can download the scenario as well as the spread sheet file used in this scenario at http://www.ibrcenter.org/Cash-Flow-60818.asp. There's also a link to a blank template file you can use for your own cash flow planning. Contact information: Jim Correll, Successful Entrepreneur Program, Independence Community College, 620-332-5470, email@example.com See also: "Introduction to Balance Sheet Accounting" http://youtu.be/d9tJY4TU6ok "Using Community Non-Profit for Flexibility in Business Incubation" http://youtu.be/rxLA3KEEj1g "Top 10 Myths of Business Incubation" http://youtu.be/I5A52PpPHx0
Просмотров: 9952 Jim Correll
http://www.cashflowkungfu.com Business cash flow management has to done at 2 levels: the Operational or Working IN the business level, and the Strategic or Working ON the business level. Operational cash flow management is done with the Rolling Weekly Cash Flow Forecast. Strategic cash flow management is done with the Cash Flow Statement. The Cash Flow Statement is a crucial part of your accounts. You can only get a complete view of your business by looking at 3-way accounts: Profit & Loss, Cash Flow Statement and Balance Sheet.
Просмотров: 56319 cashflowkungfu
How To Use My Free Budget Template and Cash Flow Plan. Today's video is about how to get and use my free budget template that I made for you. This is Dave Ramsey inspired. You can email me at firstname.lastname@example.org. Must Read Dave Ramsey Books: Amazon Affiliate Links The Total Money Makeover: http://amzn.to/2G5FOqb The Total Money Makeover Workbook: http://amzn.to/2ILqosY Complete Guide To Money: http://amzn.to/2DN5lmk Financial Peace: http://amzn.to/2DNr0e6 Financial Peace Planner: http://amzn.to/2HVVInz Junior’s Adventure Book Set: http://amzn.to/2DNHG58 Smart Money Smart Kids: http://amzn.to/2Gf1Qdv The Legacy Journey: http://amzn.to/2uelJMY EntreLeadership: http://amzn.to/2G4hWDx Other Must Have Dave Ramsey Resources: Amazon Affiliate Links Financial Peace University Membership Kit: http://amzn.to/2ugWI42 Financial Peace Junior: http://amzn.to/2IJMzzG Act Your Wage Board Game: http://amzn.to/2ucMwct Show Your Support by Shopping our Amazon Affiliate link:http://amzn.to/1RYflM0 ***Anyone Reusing Or Redistributing Videos From The "Enjoying Lifes Journey" Channel Must Have My Permission To do So*** Thank you for subscribing, watching, liking, sharing and commenting!!
Просмотров: 204 Enjoying Lifes Journey
Visit the new NerdEnterprises.com Subscription Options: https://nerdenterprises.com/services/subscription-based-training/ One to One Training: https://nerdenterprises.com/services/one-to-one-training/ Get templates: https://nerdenterprises.com/resources-page/templates/
Просмотров: 24415 Nerd Enterprises, Inc.
Click here for full course playlist: http://www.youtube.com/playlist?list=PL7x45KHuu46kGtrHZiobtpnkhi8YhfJ6w The foundation of every business, whether seeking funding or simply planning for the future, is to create a killer business plan that slays the competition. Let Kyle Murphy, an Entrepreneurship Lecturer at Pepperdine University, teach you everything you need to know about your business income statements, cash flows, marketing & sales and more. Create a winning pitch deck that will blow prospective investors away, and learn the secrets from entrepreneurs who've been there. For more information and resources, be sure to check out http://www.docstoc.com. There you'll have access to an array of valuable tools to help you start and grow a business. And for additional video courses, check out http://www.docstoc.com/courses.
Просмотров: 3929 docstocTV
If your business is flush, the importance and necessity of the cash plan is diminished. But if your business is cash strapped, having a cash plan will give you better control, make better decisions and help to guide you through a difficult period.
Просмотров: 2037 Michael Mills
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell AO shares her experience with cash flow as a first time business owner and why planning is the key to success. Footage from the launch of the Small Business Smarts Program in Canberra on Friday 23 March 2018.
Просмотров: 44 Australian Small Business and Family Enterprise Ombudsman
To download Brads Free Financial Mastery Cheat Sheet, click this link https://goo.gl/wBdHjW In this video learn how to construct and maintain a business cashflow projection. I call this your sleeping pill because when you confidently know that you will have money in the bank to pay your bills for the next 3 months, you will sleep at night.
Просмотров: 29595 Brad Flynn
Clicked here http://mbabullshit.com/ and WOW I'm shocked how easy so I'm sharing this... share it with your friends too! If You Liked it, Support my Free Videos at https://www.patreon.com/MBAbull Cash Flow Statement Explained In 3 Minutes What does it really mean when we say a company is "earning a lot?" If a company gets $100 this year and has costs and expense of $60, then we can easily say that it "earned" $40, right? But what if... The company makes $100 in sales this year, only collects $80 in cash this year, and then will collect the remaining $20 next year? This year's Cash Flow Statement would only record the actual collected $80... and not the total sales of $100 And what if... the company had $60 in costs, expenses, capital expenditures, and taxes but only paid $50 in cash this year, and will pay the $10 balance next year? This year's Cash Flow statement would only record the paid $50, and not the total costs/expenses of $60 In a Cash Flow statement, the only thing that matters is how much a business gets in cash... and how much it pays in cash. This year's Cash Flow Statement also includes cash collected for previous years' sales or even future years' sales... as long as it's collected THIS YEAR. This year's Cash Flow Statement also includes cash PAID for previous years or even future years' costs, expenses, capital expenditures, and taxes... as long as it's paid THIS YEAR. Note that a Cash Flow statement can be for any time period, and not only a 1-year time period like we used in this simple example. See? So that's the super simplified explanation of a Cash Flow Statement. Would you like to learn how to make your own Cash Flow Statement? Check out my FREE video at MBAbullshit.com . See ya there!
Просмотров: 264479 MBAbullshitDotCom
Experienced entrepreneurs know navigating cash flow cycles is an art. Businesses go through natural, predictable ebbs and flows. Newer business owners, however, are unlikely to have large cash reserves, and one wrong turn can be detrimental. That's why it's so important to have a cash flow management plan that empowers the business to maintain long-term health, which requires careful planning. As always, we're here to help! LVRGFunding.com
Просмотров: 36 LVRG Funding
अपने current financial status को कैसे जाने? Understanding your current financial status in Hindi - Cash Flow Statement Out of 5 steps to complete the financial planning, the first one is to understand your current financial status. Do you know what your current financial status really is? By that I mean can you easily answer the questions: · What is my net worth? · What are all the assets I own and their value? · What are all my liabilities and their current payoff amount? · How much do I earn? · How much do I spend? · Am I adequately protected from an insurance? Can you rattle off the answers or at least go to one central record keeping place in your files and find the answers? If you can't answer the questions, find these questions creating more questions in your mind, or are simply overwhelmed by it all, now is the time to stop and take stock. If you don't know where you are today financially, how can you ever determine where you want to go tomorrow (and why) and how to get there? To answer all these questions you need to create two statement – Cash flow statement and your net worth statement. In this part of the video, we have discussed about what cash flow statements are and how to create them. Next part will cover Net worth statement. Hope you find it useful. Yadnya Book - 108 Questions & Answers on Mutual Funds & SIP - Available here: Amazon: goo.gl/WCq89k Flipkart: goo.gl/tCs2nR Infibeam: goo.gl/acMn7j Notionpress: https://goo.gl/REq6To Find us on Social Media and stay connected: Facebook Page - https://www.facebook.com/InvestYadnya Facebook Group - https://goo.gl/y57Qcr Twitter - https://www.twitter.com/InvestYadnya
Просмотров: 9592 Yadnya Investment Academy
http://www.businessplanwriter.me/financial-plan/ We help you create your accurate Business Financial Plan, Expense Plan, Revenue Plan and Cash Flow Plan for any industry.
Просмотров: 16402 Jan Wall
Recorded 11/17/2016 Hector Garcia, CPA shows how to use Budgets, Forecasts, Cash Flow Projections, and Business Plans in QuickBooks Desktop In depth Budget Import/Export Video: https://www.youtube.com/watch?v=EVf9VXm6Sq8
Просмотров: 10150 Hector Garcia CPA
Bill Reichert explains that your cash flow statement shows where your cash is coming from and where it is going. Sometimes known as “sources and uses of funds,” this financial report is an important complement to your income statement and balance sheet. Investors want to see that you know the difference between your net income and your net cash flow, and that you understand how your business uses cash. THIS VIDEO CAN HELP ANSWER: Do I understand the difference between cash flow and net income? How do I stay on top of my account receivables? What are the best ways to manage our cash flow? Where does cash flow fit into my balance sheet? ABOUT THE KAUFFMAN FOUNDERS SCHOOL Visit the website: [http://bit.ly/1EW2br7] The Kauffman Founders School presents a powerful curriculum for entrepreneurs who wish to learn anywhere, anytime. The online education platform features experts presenting lectures in series modules designed to give Founders a rich learning experience, while also engaging them in lessons that will make a difference in their business today, tomorrow, and in the future. The Kauffman Founders School series modules include Powerful Presentations, Intellectual Property, Founder's Dilemmas, Entrepreneurial Selling, Entrepreneurial Marketing, Surviving the Entrepreneurial Life, Startups, and much more. © Ewing Marion Kauffman Foundation.
Просмотров: 14772 Kauffman FoundersSchool
Get the model: http://www.smarthelping.com/2017/05/equipment-rental-financial-model-10.html Update (starts at 4:35): https://www.youtube.com/watch?v=C6FiGXNDH9o Explore all of smarthelping's financial models: http://www.smarthelping.com/p/excel.html This is one of my holy grail models. It is super useful for managing cash flow and debt in one of the most cash flow intensive businesses there is....equipment rental. Enjoy!! Note, a modified version is also available now and included in the one-time purchase. It shows higher level executive summaries and more granular adjustment options for some of the revenue-driving assumptions.
Просмотров: 5651 smarthelping
Create a bookkeeping spreadsheet using Microsoft Excel http://youtu.be/LlWADbkGdac Learn more at www.bpfs-online.com
Просмотров: 3845 BookkeepingMaster
Learn how to determine cash flow in a budget in this free video on managing money & personal finances. Expert: Lamont Stewart Bio: Lamont Stewart is a Financial Adviser with over 10 years of investing experience helping individuals and small business owners plan and save for retirement. In addition, Mr. Filmmaker: Akita McCulloch
Просмотров: 3593 expertvillage
A free video tutorial on how to create a cash flow model for your forecast, business plan or budget. To download the template go to: http://www.challengejp.com/excel-tutorials.php#cfmodel To watch tutorial on extended version of the model with Balance Sheet, P&L, Debt and DCF calculation go to: https://www.youtube.com/watch?v=MZP4xHw5yzU If you need more information or have any questions please contact me via http://www.challengejp.com/contact
Просмотров: 2771 Jacek Polewski
Here’s my 5 step plan to increase cash flow for small businesses. Obviously results aren’t typical, and are totally dependant on the effort you put in. In fact you stand to make absolutely nothing even if you use these 5 steps. These are my results and my results only. SUBSCRIBE FOR REGULAR VIDEOS - http://www.simonstanleysuccess.com/subscribe Simon’s 3-Part Success Video Training - http://www.simonstanleysuccess.com/gift SIMON ON SOCIAL MEDIA: Instagram: simonstanleytv Snapchat: simonstanleytv Also I use: FaceBook: https://www.facebook.com/simonstanleytv Twitter: simonstanleytv
Просмотров: 305 Simon Stanley
It’s the question that weighs on the minds of many small business owners, “When do I draw a salary or profit?” If you aren’t asking yourself this question, it’s only a matter of time before you do. What’s the answer? What is a good rule of thumb to go by so you don’t hurt your business prematurely? On this episode of The Amazing Seller, Scott goes of his mindset and what he suggests for new ecommerce sellers as they consider this question. Don’t wrestle with this question without getting an expert perspective! Scott has been a small business owner and an ecommerce seller in particular for many years and only wants to help sellers like you succeed. Don’t miss this helpful and valuable episode! DON’T NEGLECT THE IMPORTANCE OF BOOKKEEPING! It’s that unsexy topic that no one really enjoys talking about (except for maybe accountants), bookkeeping. As boring and complicated as this topic can be, it is supremely important for small business owners to take it seriously and keep things in order from day one. On this episode of The Amazing Seller, you’ll hear from Scott as he explains the importance of good bookkeeping habits and helpful tools you can use to stay on top of it. Make sure you don’t cut corners on this vital aspect of your business! Learn what you need to get started and keep your new ecommerce business on solid footing by listening to this episode! YOU’VE GOT TO HAVE THE RIGHT MINDSET IF YOU WANT TO SUCCEED. As eager as you may be to pull a profit from your business when things start rolling, you need to have a patient mindset. Before you even start, it’s a good idea to commit to waiting to draw a profit for at least six months. On this episode of The Amazing Seller, you’ll hear from Scott as he breaks down his reasoning for why sellers like you need to embrace the mindset of waiting for six months. The thought process behind this mindset is that instead of drawing a profit, you take that money and reinvest it into your ecommerce business. You can reinvest into your business by starting new sub-brands, launching new products, hiring virtual assistants, and much more. To hear more about this important topic, listen to this episode! IF YOU DON’T PUT YOURSELF AS A LINE ITEM, YOU WILL NEVER GET PAID! While many small business owners need to fight the temptation to draw a salary when they see their first bit of profit coming in, others who will be so focused on the businesses success that they never draw a salary for themselves. On this episode of The Amazing Seller, Scott shares a resource that has been helpful to him as he has navigated the question of when to start drawing a salary for himself. That resource is the book, “Profit First” by Mike Michalowicz, you can find a link to the book in the resources section at the end of this post. Don’t worry about drawing a full salary at first, you can ease yourself into the equation, the point is, you’ve got to determine when to start putting yourself on the books. Make sure to listen to this episode as Scott expands on this important lesson. WHY YOU NEED TO CREATE A PLAN AND GOAL FOR LAUNCHING NEW PRODUCTS. One of the most important lessons that you need to put in place, as an ecommerce business owner is setting a goal for growth. Do you have a goal and a plan in place for launching new products? Does your goal push and stretch you? On this episode of The Amazing Seller, Scott explains why it’s important to have an ambitious plan in place to grow your business by launching new products. If you don’t have a plan in place and line item in the budget to launch new products, you’ll never do it! Don’t let your business become complacent, find out how to pursue growth in a smart and aggressive way on this episode! OUTLINE OF THIS EPISODE OF THE AMAZING SELLER [0:03] Scott’s introduction to this episode of the podcast! [5:30] Don’t dismiss the importance of bookkeeping. [10:00] You’ve got to have the right mindset. [16:00] Apply for a credit card for your business. [23:00] When it’s a good idea to start drawing a salary. [26:30] Plan your future inventory and orders due. [29:00] Scott recaps how to get more cashflow. [30:30] Create a plan and a goal for launching new products. LINKS MENTIONED IN THIS EPISODE http://www.theamazingseller.com/workshop Profit First - https://www.amazon.com/Profit-First-Transform-Cash-Eating-Money-Making/dp/0981808298 Wave - https://www.waveapps.com/ http://www.theamazingseller.com/fetcher GET THE FULL TRANSCRIPT HERE: https://theamazingseller.lpages.co/leadbox/14109b933f72a2%3A16f89229ef46dc/5725915174666240/ OTHER HELPFUL LINKS: •Learn more about Sponsored Product Ads – http://theamazingseller.com/ppc •Join the TAS Facebook group – https://www.facebook.com/groups/TAS.Private.Group/ •Ask Scott a question – http://theamazingseller.com/ask/ •Send Scott a note in the mail – http://theamazingseller.com/notes •Amasuite Link: http://amasuite.com/scott/ •JungleScout - https://www.junglescout.com/amazingseller/
Просмотров: 934 The Amazing Seller
http://www.smallbusinessbc.ca Establish the terms of your collection period and manage your cash flow, come to the Cash Flow and Your Business seminar at www.smallbusinessbc.ca/seminars and learn how. The difference between when the sale happens and when you collect the money are the terms that affect your cash flow. Terms can vary between 15, 30, 45 day invoicing which directly affect your ability to manage positive cash flow in your business. BIll Erichson's Bio http://www.smallbusinessbc.ca/seminars/bios/bill-erichson Bill Erichson is one of British Columbia's leading small business and entrepreneurship trainers. For the past twenty years, Bill has presented seminars, workshops and courses in every corner of the province. Not only a trainer, Bill is also a writer, speaker and business consultant. Bill's advantage is in understanding the whole picture of business. He delivers in finance, marketing and human resources. This provides a 'holistic' approach to business training and business planning. Bill is a graduate of Simon Fraser University in Commerce and Mathematics. Bill has written curricula in Business Planning and financial forecasting and His recent work includes working on a book entitled The Dynamics of Business Growth - How Growth can kill your business and how you can prevent it! Testimonials: • "Bill was very clear and informative. Made sure everyone was on the same page."
Просмотров: 2030 SmallBusinessBC
One of the biggest struggles any business owner has is cash flow. Understanding how to project cash flow with a 8 week cash flow forecast will allow you to know ahead of time, sometimes weeks in advance when cash is going get tight allowing you the flexibility to time and decide when cash will go out the door. This will help you make sure your bank account balance stays positive and hopefully give you that cushion in the checking account you desire. This will give you the peace of mind and control over cash flow so many small business owners wish they had. Enjoy!
Просмотров: 16661 EWHSBA
http://GatewayCFO.com - Building a projection or budget for your business doesn't have to be a daunting task. Understanding your goals and tracking your progress against them can be a straightforward exercise, and doesn't have to require a ton of your time. In this video, Josh Turner with Gateway CFO Solutions shows you how to build a basic projection for your company's P&L or Income Statement. Business finance doesn't have to be complicated, and this screencast will quickly get you on the road to building your own financial projections. Be sure to visit GatewayCFO.com for more finance resources and tutorials that can help you achieve your profit potential, and to download a sample Excel template of this financial projection.
Просмотров: 343920 GatewayCFO
Просмотров: 570 Patterson Mentors
Cash Flow Projection for Construction Companies (https://www.evanhcpa.com). The cash flow statement is a historical statement. The cash flow projection is what you think your cash flow is going to be in months or years to come. It's an important report but, by its nature, speculative. But the more you do it, the easier it will become to spot trends and create as accurate a report as possible. Some companies don't think they need cash flow projections. Their business may be doing so well (if it's a construction company in my city of Nashville, they're all doing well and money is coming in quickly and in abundance) that they don't anticipate running low on cash, but cash flow problems can always arise. There might be timing differences between buildings and collections, retainage, using funds for other investments, change orders from jobs not being closed out, cash purchases of fixed assets... The list goes on. There's are many things that can negatively impact cash flow. I like to create this report for construction companies because cash is such an important part of their business. If a contractor’s cash is gone then he can't be in business, so it’s important to have some sort of report that allows you to see as clearly as you can into the future and have a good idea of what might happen with your cash so that you can make any needed changes. The first step in creating a cash flow projection is to integrate your systems. For example, if you have your financials, estimates and bidding proposals all on different systems, you should try to integrate them. If you can look at estimates, proposals and financials all at the same time, it's much easier to create the cash flow projection and it’s good to have your systems integrated in general because it makes everything much more efficient. Another important thing when you're creating a cash flow projection is to make sure you're being honest. People tend to exaggerate some numbers when they are making business plans, often without even realizing it, because they have high expectations. The same tendency can exist for a business that you're currently running. If anything, it’s better to err on the conservative side because that way you can look at worst case scenarios. But I like to be as accurate as possible and put the numbers in exactly where I think they are going to be, accounting for anomalies that occasionally happen. That way I can see if your cash is ever in the red and whether you may need to get a line of credit at some point and make any other changes that might be necessary--which is another benefit of using this report. In the process of creating the cash flow projection, you sometimes find inefficiencies in your financial processes. The end result of having one of these projections is the ability to create a very valuable report, but at the same time, you can create a more lucrative business model by eliminating the inefficiencies you run across. Also, when creating this type of report, you are of course going to examine your outlook for the next year, or two or three, but you should also look at your historical statements: your balance sheet, profit and loss statement and cash flow statement. They will give you a guide to follow so that you can gauge future performances based on past performances, which will help you create a more accurate report. By creating a cash flow projection every month, you will end up with a cash flow statement by the end of year. At the end of each month, you will know what the real numbers were and you then start the successive month from scratch, with a new projection. You are going to be way off some months but over time it becomes easier to figure out where your numbers might go. I would actually recommend doing two cash flow statements. For one, you do the whole year, and the other is month to month. That way, at the end of the year, you can compare the two and that will help you in future periods when you are trying to create a cash flow projection. As I said above, I think the cash flow projection is a very important statement. It’s not only useful to show you when you are in the red, when you need to borrow and what your cash looks like at any given point, it also helps you create structure in your business so that you are always comfortable from a financial standpoint. I like to use this for any kind of business but I find it particularly useful for construction companies because it is vital for them to have some sort of cash flow projection in place because the money going in and out is so volatile throughout time for contractors. Please share this video about cash flow projections for contractors: http://www.youtube.com/watch?v=wYnWlUFoLW0 Bookkeeping for Contractors Cash Flow Projection for Contractors Bookkeeping for Construction Companies QuickBooks for Construction Companies
Просмотров: 2155 Evan Hutcheson, CPA, LLC
Download the Cash Flow Forecast at: https://www.ignitespot.com/cash-flow-forecast-tool-in-excel In this video, I walk you through the accounting and cash management tool that I built for your company. We also take a look at my new shipment of awesome t-shirts and I test my ability to moonwalk. To learn more about Eddy's company visit: https://www.ignitespot.com/ Music Credits: Aces High - Funkorama by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100763 Artist: http://incompetech.com/ Bushwick Tarantella by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1300002 Artist: http://incompetech.com/ Kick Shock by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100523 Artist: http://incompetech.com/
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Startup Financial Model Cash Flow Statement explanation video from startupfinancialmodel.com - a website for those who are planning, launching, or running a startup or small business and want an excellent financial model to enhance their business plan and capital raising efforts. You can purchase and download the financial model here: http://www.startupfinancialmodel.com/
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Forecasting and planning are two different things, and knowing how and when to use both as tools is important in business. This tutorial compares and contrasts forecasting and planning, showing the benefits of each. Watch more at http://www.lynda.com/Excel-tutorials/Making-Business-Projections/162274-2.html?utm_campaign=l8-NSZHz1TI&utm_medium=social&utm_source=youtube-earned. This tutorial is a single movie from the Making Business Projections course by lynda.com author Rudolph Rosenberg. The complete course is 1 hour and 17 minutes and shows how to analyze past performance data and get a realistic picture of your company's future performance using Microsoft Excel. Making Business Projections table of contents: Introduction 1. Financial Projection Basics 2. Estimating Volumes, Price, and Revenue 3. Estimating Cost of Production and Margin 4. Estimating Operating Expenses 5. Cash Flow Projection 6. Setting Up Targets Conclusion | lynda.com
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http://gosmallbiz.com/additional-services/business-mentoring-2/ - No matter how much you try to plan and control your business, the unexpected still strikes. Your cash flow is affected by all kinds of things outside your control, and you have to have the right dollar at the right time for the right use to maintain your growth. Join us this Thursday on GoSmallBiz.com as Lara Hodgson talks to Fran Tarkenton about managing cash flow in a small business.
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What is CASH FLOW FORECASTING? What does CASH FLOW FORECASTING mean? CASH FLOW FORECASTING meaning - CASH FLOW FORECASTING definition - CASH FLOW FORECASTING explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Cash flow forecasting is important because if a business runs out of cash and is not able to obtain new finance, it will become insolvent. Cash flow is the life-blood of all businesses—particularly start-ups and small enterprises. As a result, it is essential that management forecast (predict) what is going to happen to cash flow to make sure the s has enough to survive. How often management should forecast cash flow is dependent on the financial security of the business. If the business is struggling, or is keeping a watchful eye on its finances, the business owner should be forecasting and revising his or her cash flow on a daily basis. However, if the finances of the business are more stable and 'safe', then forecasting and revising cash flow weekly or monthly is enough. Here are the key reasons why a cash flow forecast is so important: Identify potential shortfalls in cash balances in advance—think of the cash flow forecast as an "early warning system". This is, by far, the most important reason for a cash flow forecast. Make sure that the business can afford to pay suppliers and employees. Suppliers who don't get paid will soon stop supplying the business; it is even worse if employees are not paid on time. Spot problems with customer payments—preparing the forecast encourages the business to look at how quickly customers are paying their debts. Note—this is not really a problem for businesses (like retailers) that take most of their sales in cash/credit cards at the point of sale. As an important discipline of financial planning—the cash flow forecast is an important management process, similar to preparing business budgets. External stakeholders such as banks may require a regular forecast. Certainly, if the business has a bank loan, the bank will want to look at the cash flow forecast at regular intervals. In the context of corporate finance, cash flow forecasting is the modeling of a company or entity's future financial liquidity over a specific timeframe. Cash usually refers to the company's total bank balances, but often what is forecast is treasury position which is cash plus short-term investments minus short-term debt. Cash flow is the change in cash or treasury position from one period to the next period. The direct method of cash flow forecasting schedules the company's cash receipts and disbursements (R&D). Receipts are primarily the collection of accounts receivable from recent sales, but also include sales of other assets, proceeds of financing, etc. Disbursements include payroll, payment of accounts payable from recent purchases, dividends and interest on debt. This direct R&D method is best suited to the short-term forecasting horizon of 30 days or so because this is the period for which actual, as opposed to projected, data is available. The three indirect methods are based on the company's projected income statements and balance sheets. The adjusted net income (ANI) method starts with operating income (EBIT or EBITDA) and adds or subtracts changes in balance sheet accounts such as receivables, payables and inventories to project cash flow. The pro-forma balance sheet (PBS) method looks straight at the projected book cash account; if all the other balance sheet accounts have been correctly forecast, cash will be correct, too. Both the ANI and PBS methods are best suited to the medium-term (up to one year) and long-term (multiple years) forecasting horizons. Both are limited to the monthly or quarterly intervals of the financial plan, and need to be adjusted for the difference between accrual-accounting book cash and the often-significantly-different bank balances.
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Learn how to improve you cash flow management
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Small Business Cash Flow Coaching http://www.CashFlowMojoSoftware.com/Additional-Financial-Coaching/ If you are having problems with your business cash flow and need a coach to help or want a cash flow analysis coach to coach you back to the land of profits, contact me Sandra@CashFlowMojoSoftware.com or call 239-331-7055 Hi, Sandra Simmons here from Money Management Solutions. Today I want to talk with you about the benefits of cash flow management coaching. Every professional needs a coach. Even when they are winning! A coach is there to help push and guide the professional beyond what they thought possible. A coach is tough and relentless in ensuring the professional is working toward his or her optimum, and offers support throughout the process to ensure the attainment of a specific result. What difference would it make to the financial stability of your business if you had a cash flow management coach working with you? I use a tried and proven system of cash flow control that ensures the business will prosper, will have no debt, and will pay you -- the owner -- what you deserve to be paid! I've done accounting, tax preparation and cash flow management coaching for over 20 years, so I know what I'm doing. I've worked with hundreds of clients and dug them out of the depths of despair and turned them into "Financial Athletes" worthy of a Gold Medal. Here are a few of the industries my clients work in. You'll notice there are retailers, manufacturers, construction companies, hotels, restaurants, real estate brokers and agents, transportation services, auto mechanics, small service businesses, and healthcare providers such as dentists, veterinarians, chiropractors, optometrists, and podiatrists. Even accounting firms have used my services. Let's take a look at what it is like to have a cash flow management coach. A business owner has a problem with cash flow and profitability. He's concerned about the problem, but doesn't know exactly how to go about fixing it. He's also concerned about the time it will take him away from sales or production to fix the problem Here are some typical examples of common cash flow problems business owners would like to get solved. They want to know 1 - How to increase income & profits 2 - How to control cash flow better 3 - How to pay off credit card debt 4 - How to get ahead of the 8-Ball on paying expenses 5 - How to pay for business expansion, and 6 -- how to get money into savings to build long-term wealth Bottom line, they are tired of being controlled by how much money they have in their bank account. They want to reverse that so they are in control of their cash flow. The Professional coach quickly identifies the necessary solution and works directly with the business owner on the problem to get it fixed in a very short time and offers ongoing support if it is needed. Here are a few examples of the tools that I use in my cash flow management coaching: I Review the financial situation to identify areas of concern in cash flow management, Identify areas where spending seems too high and can be cut back without harming production, and areas where spending seems too low to adequately support production of income and acquiring new customers, Here's a testimonial from Mark, the owner of a manufacturing facility "The Cash Flow Management System and Sandra's help allowed me to fix my financial problems and change the way I do business resulting in surviving this economic turmoil. I know for a fact that I would not have been able to save my business without this change." That result should be the result of working with a coach. To learn more about the benefits of cash flow management and coaching for your business, I invite you to take a short video tour of our software at www.CashFlowMojoSoftware.com and get a complimentary copy of our Business Cash Flow Control Guide while you are there. You can even get a 30-Day trial of the Cash Flow Mojo software for less than the price of lunch -- only $9.99. All the training you need is in videos built right into the software program. You will receive complimentary group coaching once per month while using the software program and there are no long term contracts either. or call us at Money Management Solutions at 239-331-7055 to get your questions answered. Again that website is http://www.CashFlowMojoSoftware.com To share this video, use these links: http://youtu.be/J_lcVRQUelA http://www.youtube.com/watch?v=J_lcVRQUelA Small Business Cash Flow Coaching
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Running a business is hard. Very hard. As a business owner, you have a million things on your mind. Cash flow planning shouldn't be one of them. Cash Flow Frog takes cash flow planning off your back. It integrates with your company's QuickBooks Online data, and it is always up-to-date. Use Cash Flow Frog to plan ahead, never get stuck with salaries or accounts payable you can't pay. Generate reports to your investors, collect accounts receivable more easily, and take a big step ahead towards a (financially) greener future.
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If you enjoyed this episode of Adèle McLay TV, we’d be thrilled if you subscribe to Adèle’s YouTube channel here – http://bit.ly/AdèleMcLaySubscribe Cash flow problems affect most businesses as some time. In my free e-book SPEARHead System™: 50 Strategies for Supercharged Small Business Cash Flow, I help you to resolve your business cash flow problems in the following areas. S = Sales Receivables P = Purchases and Payables E = Expense Management A = Asset Acquisition R = Residual Cash Head – head-off or spearhead your competitors in business. Please go here (http://bit.ly/ytspearhead) to download my free –e-book helping your resolve your cash flow problems Please subscribe to my channel and connect with me to receive regular inspirations about business and life from me. Go to: http://www.adelemclay.com. Are you on social media? I am. I’d love you to connect with me there too. I put loads of free content on each of these platforms – hopefully inspiring you to achieve the extraordinary in your business and life – as you define it: FACEBOOK: https://facebook.com/Adelemclayfan INSTAGRAM: http://instagram.com/adelemclay TWITTER: http://twitter.com/adelemclay LINKEDIN: https://uk.linkedin.com/in/adelemclay Website: http://adelemclay.com ABOUT ME – Adèle McLay I inspire and guide people to be alive, passionate and extraordinary in their businesses and lives – as they define it. I have a long background in business – big and small – guiding entrepreneurs, business owners and leaders achieve huge success in their businesses. I’m an entrepreneur and investor too, so I know the challenges of running businesses – they’re endless – yet in pushing through the hard and challenging times, the rewards are enormous too. I’ve also experienced my fair share of ups and downs in life – probably just like you. I share my experiences and offer advice and mentoring via my videos, writing and coaching. I’ve spent most of my life studying and being fascinated by high performing people in all walks of life – what stands them apart from the rest? What causes them to go from ordinary to extraordinary? Vision. Belief. Action. You can be extraordinary – as you define it – too. Let me guide you. IN SUMMARY – THIS IS ME – Adèle McLay Wife, Mother, Friend, Family Member; Entrepreneur; Investor; Business Growth Mentor/Strategist; Conversationalist; Motivational Speaker; Lifelong Learner; Author; Property Investor; Ballroom/Latin Dancer; Arts Lover; Foodie/Baker; Worldwide Traveller; Exercise Lover; Bridge Player; Giver…… ‘Inspiring people to be Alive, Passionate + Extraordinary in business + life’ …. and more… Every day I work on ensuring my life sizzles. A life that sizzles doesn’t have to be an occasional or fleeting sensation. It’s a fundamental part of my daily existence. When you’re sizzling with life, you’re running on passion not adrenaline, and giving off sparks that make people say, “I’ll have some of what she’s having.” Come sizzle with me. :) CONNECT WITH ME: Never miss inspirations from me for business and life. I’d be thrilled if you connected with me on all/any of the platforms that you love. YOU TUBE: https://www.youtube.com/user/AdeleMcLay FACEBOOK: https://facebook.com/Adelemclayfan INSTAGRAM: http://instagram.com/adelemclay TWITTER: http://twitter.com/adelemclay LINKEDIN: https://uk.linkedin.com/in/adelemclay Join me at http://adelemclay.com – as that’s where I connect with my community in ways you won’t see elsewhere on social media. Come and join in the fun.
Просмотров: 268 Adèle McLay
Today I share my zero base budget and cash flow plan for 2018, changes I made to my budget template as well the free budget template I made for all of you. Get ahead of your bills once and for all!! Please private message me on YouTube or Facebook at https://www.facebook.com/EnjoyingLifesJourney and request your template by giving your name and email address. Book Club, Challenges with additional Resources: Amazon Affiliate Links 2nd Quarter Book Picks: April: The Life Changing Magic of Tidying Up by Marie Kondo: http://amzn.to/2oZL5bd May: The 5 Love Languages by Gary Chapman: http://amzn.to/2oRW2gp The 5 Love Languages of Children by Gary Chapman: http://amzn.to/2oZLYAB June: How To Win Friends and Influence People by Dale Carnegie: http://amzn.to/2p3ZkxU 1st Quarter Book Picks: Jan: The Miracle Morning by Hal Elrod: http://amzn.to/2hV507G The Miracle Morning Journal by Hal Elrod: http://amzn.to/2ht3BUJ Feb: The Primal Blueprint 21 Day Total Body Transformation by Mark Sisson: http://amzn.to/2hX9jzw The Primal Blueprint: http://amzn.to/2hLQVLM The Primal Blueprint Cookbook: http://amzn.to/2hLPqwW March: Dave Ramsey’s Complete Guide to Money by Dave Ramsey: http://amzn.to/2ijPQI6 Complete Guide to Money Workbook: http://amzn.to/2h65c1P Dave Ramsey’s Total Money Makeover: http://amzn.to/1TXh1ay Show Your Support by Shopping our Amazon Affiliate link:http://amzn.to/1RYflM0 or our AStore with all of my favorite products: http://astore.amazon.com/enjolifejour-20 ***Anyone Reusing Or Redistributing Videos From The "Enjoying Lifes Journey" Channel Must Have My Permission To do So*** Thank you for subscribing, watching, liking, sharing and commenting!!
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http://wealthplan.tv Cash Flow and the importance of having a system for a small business owner. Electrician, David Fitt of Davcole Electrics puts the hard questions to Kerry about managing cash in the contaxt of a small business. http://youtu.be/e8Hz18jdf54
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