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Writer's pictureKate Doyle

Recording of our Webinar: Mastering Your Cashflow

Updated: 6 days ago

September 2024 we delivered our webinar, Mastering your Cashflow: Essential Strategies for Business Growth.


This is the link if you wanted to catch the replay.



In this webinar, I try and keep it concise as possible.


This webinar has three sections.


Section 1 [2:15]: Understanding the difference between cash and profit - they are related, but not identical twins - they are more like cousins. In this section, we look at a real Profit and Loss Statement and talk about revenue, gross profit and net profit and how this links to your cashflow.


We also discuss what your profit pays for [8:00].


Section 2 [13:15]: Key elements of effective cashflow management.

  • Timing!

  • Understanding the difference between cash and profit.

  • Don't run your business from it's bank balance.

  • Keep personal and business funds separate.

  • Keep entertainment cost so the lighter side.

  • Keep your drawings / shareholder salary manageable.


Section 3 [16:37]: 3 things you can do right now to improve your cashflow.

  • Tighten up on your invoicing processes.

  • Organize your bank accounts to manage cashflow better - have different 'pots'.

  • Review your P&L and set a budget.

  • Review your balance sheet and set up a cashflow forecast.


Wrap up and Q&A [25:45]. Any questions, please email me kate@tidybooks.co.nz or book a call below.


Happy watching!





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