Tourism Tribe product
Cash Flow Management
Learn how to create and monitor the flow of money in and out of your business and create a forecast to help you plan for the future.
Most tourism operators know their cash flow could be better, but the thought of spreadsheets and accounting terms is enough to put it in the too-hard basket. This course strips away the jargon and gives you a practical system for tracking, forecasting and managing your cash flow with confidence.
You’ll start with the basics. What the key accounting terms actually mean, how to read your numbers, and why a cash flow forecast is one of the most useful tools in your business. No finance degree required.
From there, you’ll build your own cash flow forecast and learn how to use your data to shape your strategy. Seasonal dips, quiet months, big expenses. When you can see them coming, you can plan for them instead of reacting.
What you will achieve
Outcomes
It’s not always simple to get a clear picture of your business’s financial situation, but you don’t need us to tell you how important it is if you want your tourism business to have long term stability. Understanding how money flows in and out of your business with a cash flow forecast is a vital part of achieving this clarity.
This course is designed for you to gain an understanding of the benefits of cash flow management, the purpose of a cash flow forecast and what is required to create a cash flow forecast. Having this information will allow you to better plan for growth and manage your business’ future.
In this course, we will not only give empower you to create a reliable cash flow forecast, but provide advice on how you can reducing your expenses and increasing your incoming payments in order to create a more financially sustainable business.
At the end of this course, you will have the technical skills to create your own cash flow forecast even if you have very little or no prior experience. The course includes a downloadable template to create your own cash flow forecast.
The author of this course is Sam Ward, a qualified accountant.
Ready to get started?
Purchase now and take the next step for your tourism business.
Add to cart$55.00 inc. GST. 100% satisfaction guarantee.
