Improve your cash flow /
With its practical approach and the authority of the Teach Yourself brand, this easy to read book has everything the non-financial entrepreneur, business owner or manager needs to get to grips with the essential art of cash flow management.
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
London :
Teach Yourself,
2010.
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| Subjects: | |
| Online Access: | CONNECT |
Table of Contents:
- Book title
- Welcome to Improve Your Cash Flow
- Only got a minute
- Only got five minutes
- Only got ten minutes
- 1. Why 'cash is king'
- The nature of cash flow
- The development of cash flow reporting
- The implications for the smaller business
- Cash flow for a business start-up
- The drivers of cash flow
- Cash forecasting
- the key to survival
- Testing yourself
- 2. Profit and cash flow
- The purpose of the P&L
- The structure of profit reporting
- Reconciling cash and profit
- The funds flow approach to cash reporting
- Providing for taxation
- A summary of cash and profit differencesTesting yourself
- 3. The impact of the business model
- The business model as a driver of cash flow
- Cash flow and choice of sector
- Changing the norms of the sector
- Examples of cash-effective business models
- A summary of cash flow drivers
- Testing yourself
- 4. Key decisions at start-up time
- The impact of key decisions on cash flow
- Issues around fixed assets
- Issues around machinery and equipment
- Key decisions around stock levels
- Key decisions around credit to customers
- Key decisions around credit from suppliers
- The combined impact of start-up decisionsTesting yourself
- 5. Cash flow planning
- The business plan as starting point
- The impact of working capital
- The impact of capital expenditure
- Linking profit and cash plans
- Taxation payments
- The dividend decision
- Short-term cash planning
- Longer-term cash forecasts
- Testing yourself
- 6. Sources of funding
- The main sources of funding: debt and equity
- Sources of equity funding
- Loan capital
- Types of loan agreement
- Requirements for loan finance
- Real-life stories
- Testing yourself
- 7. Controlling capital expenditure
- Definition of capital expenditure
- Attitudes towards capital and revenue spendingPlanning and control
- Evaluation of capital projects
- A story of financial control
- Testing yourself
- 8. Debtors and cash collection
- Factors determining debtor levels
- Credit to overseas customers
- The importance of cash collection
- Influencing customers to pay
- Other actions to minimize debtors
- Processes for approving credit
- Effective and ineffective approaches
- Testing yourself
- 9. Managing stock levels
- Types of stock
- Key drivers of stock levels
- Actions to minimize stock
- The cost of holding stock
- Monitoring stock levels
- Stocks of work-in-progress and finished goodsStock comparisons
- Testing yourself
- 10. Using supplier credit as a source of finance
- Supplier credit as a source of finance
- Cash discounts
- Delaying payment to help cash flow
- Creditor policy
- Creditor comparisons
- Testing yourself
- 11. Alternative routes to financing
- An overview of alternative routes to financing
- Factoring
- Sale and leaseback
- Financial leases
- Operating leases
- Guidance for choice
- Testing yourself
- 12. Formats for cash flow reporting
- Cash flow reporting
- The funds flow approach
- Sources of information
- Formats seen in published accounts.
