CASH FLOW MANAGEMENT: UNDERSTANDING CASH FLOW AND HOW CASH FLOW DIFFERS FROM NET PROFIT
Desarie Anderson, Cash Flow Management
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Introduction
2:26 -
Lesson 1 The importance of keeping good accounting records
4:20 -
Lesson 2 Is it time to switch from a spreadsheet to software
2:09 -
Lesson 3 Difference Between Gross Profit and Net Income
4:29 -
Cash Flow Step 4 What is cash flow management
4:00 -
Lesson 5 The difference between cash flow and net income
1:20 -
Lesson 6 The Cash Flow Worksheet Excerise
24:23 -
Lesson 7 Hands On Project
4:42 -
Final Thought
0:24
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About This Class
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.
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I am originally from London, England but currently live in Atlanta, GA with my husband David.
I always joke that I have had the distinct pleasure of using both the left and right side of my brain. I owned and operated a hair salon for over 17 years (Right side), and now I own a small Tax and Accounting practice (Left side). So you can get your hair cut & colored and get your taxes done all in one visit.
I graduated from Georgia State University with a BA in Accounting. I am...