Global Certificate in Cash Flow Management for Salons
-- ViewingNowThe Global Certificate in Cash Flow Management for Salons is a comprehensive course designed to empower salon owners and managers with the necessary financial management skills. The course highlights the importance of cash flow management in ensuring the success and sustainability of a salon business.
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GBP £ 149
GBP £ 215
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โข Understanding Cash Flow Management: An overview of cash flow management, including the importance of cash flow for salon businesses, the differences between profit and cash flow, and the components of cash flow. โข Creating Cash Flow Projections: A guide to creating accurate cash flow projections, including how to forecast revenue and expenses, calculate cash balances, and identify potential cash flow shortages. โข Managing Accounts Receivable and Payable: Best practices for managing accounts receivable and payable to optimize cash flow, including invoicing and payment policies, managing credit, and building relationships with vendors and customers. โข Maximizing Cash Flow from Operations: Strategies for maximizing cash flow from salon operations, including pricing strategies, inventory management, and staffing optimization. โข Financing Cash Flow Shortages: An overview of financing options for cash flow shortages, including traditional bank loans, lines of credit, and alternative financing options. โข Monitoring and Analyzing Cash Flow: Techniques for monitoring and analyzing cash flow, including the use of financial statements, key performance indicators (KPIs), and variance analysis. โข Budgeting for Cash Flow Management: A guide to budgeting for cash flow management, including creating a cash flow budget, monitoring actual results against budget, and adjusting the budget as needed. โข Cash Flow Management Tools and Software: An overview of tools and software for cash flow management, including bookkeeping and accounting software, cash flow forecasting tools, and financial dashboards.
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