Complete your financial education with this third course in our seminar series. This class is designed to teach you how to create and use a cash budget to prepare for future business performance. During this course, you will learn to estimate future sources and uses of cash. You will also learn how to analyze your predictions to make more informed decisions. You should leave this session feeling more comfortable about decisions related to preparing for growth, realistic loan and financing requests, how much cash you can safely take out of the business, and how to make affordable purchases for your business. At its conclusion, you should be able to: forecast sales, receivables and expenses, use a cash budget to create a month-by-month view and calculate Break-Even, as it relates to business expansions, workforce additions or capital expenditures.
What is cash planning
Preparing the cash budget
Forecasting cash in
Estimating cash out
Making informed decisions
Dealing with cash budgeting problems
Break - even analysis
Rayanna Anderson is the Director of the Small Business & Technology Development Center, as well as a consultant and instructor. She has consulted with over 1,600 businesses and has received the National Consulting Award from the National Association of Small Business Development Centers. She has helped small business owners acquire over 35 million dollars in financing. Plus, five of the businesses she has consulted with have received the Excellence in Business Award from the Missouri Small Business & Technology Development Center, and one business has received the National Blue Chip Enterprise Award from the U.S. Chamber of Commerce. She holds an MBA from Missouri State University with an emphasis in marketing. Rayanna also has four years of accounting experience and ten years of management experience prior to joining the SBTDC in 1991.