Certificate in Cash Flow for Service Businesses
-- ViewingNowThe Certificate in Cash Flow for Service Businesses is a comprehensive course designed to empower service business professionals with critical financial management skills. This program highlights the importance of cash flow in service businesses, emphasizing its impact on profitability, sustainability, and decision-making.
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โข Understanding Cash Flow: An overview of cash flow, its importance, and how it differs from profit.
โข Cash Flow Statements: Learning to create and interpret cash flow statements, including the direct and indirect method.
โข Service Business Revenues: Understanding revenue recognition for service businesses and its impact on cash flow.
โข Managing Accounts Receivable: Strategies for managing accounts receivable to improve cash flow.
โข Expense Management: Techniques for controlling expenses and improving cash flow.
โข Inventory Management: Best practices for inventory management in service businesses.
โข Financing Options: Overview of financing options, including loans and lines of credit, to manage cash flow.
โข Cash Flow Forecasting: Learning to forecast cash flow and create a cash flow plan.
โข Budgeting for Cash Flow: Developing a budget to manage and improve cash flow.
โข Cash Flow Analysis: Analyzing cash flow to make informed business decisions.
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