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Cash Flow: Budgeting For Your Business
January 19 @ 10:00 am - 11:30 am
This is the first session in the Financial Fitness Webinar Series: Shape Up Your Business Financials.
If you run a business, you need to know when cash will be going in and out.
With cash in the bank, you can buy the supplies you need to fulfill your next big sale, deal with unexpected or forgotten expenses and make sure YOU get paid at the end of the day.
Setting up your cash flow management system is step one for getting your business finances in order, yet many business owners only deal with it once they have a problem. In fact, 82% of businesses that close fail because they experience cash flow problems.
This webinar is designed for business owners with little to no experience managing cash flow, who want to set up their business for financial success.
In this engaging session we will guide you through the basic steps of budgeting for your business, providing you with useful templates that you can use in your own business. Using interactive activities, you’ll discover:
- The importance of proper cash flow management and how your revenue model impacts it
- How to estimate the monthly inflows and outflows of cash
- Developing a cash flow management process
Facilitator: Denise Wong, Principal and CEO, D-Squared Consulting
About the Facilitator
Denise Wong is the Principal and CEO of D-Squared Consulting, a Burnaby-based consulting firm that teaches clients how to “Grow Beyond the Numbers”. Denise and her team help organizations find efficiencies in Finance & Accounting by undertaking projects that entail the review of business processes, culture and systems. Because she is a natural facilitator and change agent, Denise can help business leaders achieve more than they envisioned.
Denise’s experience covers a wide range of industries, including hospitality, real estate, technology, mining and forestry. Denise enjoys working in fast-paced and high-pressure environments undergoing growth and change and working on complex business challenges.
Denise holds a CPA, CA designation and can be found on the tennis court or playing board games outside of work.