Things are feeling increasingly uncertain for small business owners given the state of our economy and the pandemic. So many of our hopes, dreams, and plans for 2020 have gone completely out the window as we’ve been forced to make quick pivots in the face of all the changes happening. Without being able to follow the plans we had set in place at the beginning of the year, it makes us feel like we have much less control over the future of our business.
Cash is the lifeforce of your business and being able to control your cash flow is one significant way you can take some of the uncertainty out of running your business.
The SBDC at UW-Madison is offering a free interactive webinar designed to provide you with a tool to help you forecast and plan your business cash flow, and the program instructor will walk you step-by-step how to use it. She will explain the process of forecasting and maximizing cash inflow and forecasting and minimizing cash outflow. You will be able to use this tool to gather necessary information and prepare a cash flow forecast on your own, or with the assistance of the SBDC.
Who Should Attend?
No advance preparation or knowledge is necessary for this interactive webinar, although you may benefit from familiarizing yourself with the tool we will provide to you prior to the event. This event is perfect for small business who are currently in operation, are newer to cash flow tools and processes, and have at least 3 months of operating history behind them.