Money Smart for Small Business workshop series is targeted to help new and aspiring entrepreneurs learn the basics to organizing and managing a small business. Workshops are FREE of charge.
Managing Cash Flow for a Small Business module provides an overview of cash flow and it is designed to help participants to understand how managing cash flow can benefit their business. After completing this module, you will be able to:
• Understand the purpose of cash flow management in a small business,
• Make cash flow projection based on the cash cycle,
• Identify some ways to manage cash flow, including receivable and payables,
• Work more effectively with technical experts.
While small business owners may be well versed in the technical and procedural aspects of their businesses, they often lack sufficient knowledge of the management aspects of their businesses. As a result, many small businesses fail, not because the small business owner is not a talented practitioner of his or her trade, but because he or she is ill-equipped to handle the day-to-day management aspects of the business. The purpose of the SBA-FDIC Money Smart for Business is to provide small business owners or entrepreneurs considering establishing a small business with a basic understanding of the management aspects of running a small business.
Workshops are accepted as Continuing Education Units for COJ JSEB Program.