There is a saying that "revenue is vanity, profit is sanity, but cash is king". But what does this really mean? Now more than ever, when revenue has been greatly reduced, and with prospects of reopening on the horizon, planning for how your business will recover must include a detailed understanding of cash flow.
What can you afford to spend money on, when can you spend it, and when can you anticipate a return (cash in your pocket!).
Please join the OPRF Chamber and the Berwyn Development Corporation (BDC) as we host Abigail Scanlan from the Women's Business Development Centre.
Abigail has helped countless businesses understand exactly how their money is coming in and where it is going out. She will be chatting with our group about how any business can easily get a handle on their cash flow to make sure that they can effectively plan for the future.
THIS IS A HANDS-ON WORKSHOP!
Abigail will spend time during this session going over THIS SPREADSHEET and how it can be used for your particular business, wherever you are in your financial planning. To make the most of this session, we recommend that you download the spreadsheet before we meet to familiarize yourself with the kinds of information that she will be discussing.
HOW WILL WE MEET?
You guessed it! We'll use the Zoom platform to connect. So please register as usual via the link in this invite and your registration confirmation email will have all the Zoom ID/password info you will need.
Never done a Zoom meeting? No problem! Go to Zoom.us and sign up for a free account. You will then use the Meeting ID and Password that we send you to log into our session.
TOO BUSY TO JOIN US?
Not a problem! If you can't join us for this session we will make the slides and information available for everyone on each Chamber's website.