CASH
They don't teach you how to manage Cash at school
But in Finance & Accounting, Cash should be your number one focus...
Learn all about it in this comprehensive thread
Cash Flows are divided into 3 types of activities:
- Operating Activities
- Financing Activities
- Investing Activities
Operating Activities
Financing Activities
Investing Activities
9 levers you should use to improve your Cash Flow
- Sales
- Finance
- Collection of Overdues
- Project
- Sales Administration
- Management
- Procurement
- Inventory
- Culture
How to Manage Cash?
1. Create a Cash Flow Forecast
2. Manage Accounts Receivable
3. Control Expenses
4. Manage Accounts Payable
5. Maintain Adequate Working Capital
6. Monitor Cash Flow Regularly
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