Budgeting and Cashflow
This 4-session program is tailored for small business owners seeking to gain practical skills in budgeting and cash flow management. Participants will learn to create and analyse profit and loss statements, develop cash flow forecasts, and implement budgeting strategies to ensure financial stability and growth.
By the end of this program, participants will have a solid foundation in budgeting and cash flow management, enabling them to make informed financial decisions and maintain the financial health of their businesses.
Our budgeting and cash flow workshops are designed as hands-on, practical sessions where you’ll actively work on your own business finances. Guided by our experienced facilitator, you’ll gain insights into effective budgeting techniques and cash flow management strategies tailored to small businesses.
What to Expect:
- Interactive Exercises: Bring your financial data and engage in exercises that help you create or refine your business budget and cash flow projections
- Tool Demonstrations: Discover and learn to use helpful tools and software that streamline financial management, making it more efficient and less time-consuming
- Expert Guidance: Receive personalized advice and feedback from financial experts to address your specific business challenges
- By the end of the workshop, you’ll have a clearer understanding of your business’s financial health and the tools to maintain and improve it.
Meet Allison
What’s a Coaching Circle?
Coaching Circles are live group 4-week programs, each focusing on a specific business topic. Each month, a new expert will coach a group of Sisters through a facet of running and growing a successful business. Learn from each other, work through your challenges, and build a supportive community. Plus, take them all and you’ll soon be a business expert too.
Coaching Circles are right for you, if…
Your business foundations are in place
You’re eager to learn from experts
You need help setting and achieving goals
You want the support of other Sisters
This session will guide you through Budgeting and Cashflow, you will learn:
Session 1: Understanding Profit and Loss
- Learn how to prepare and interpret a Profit & Loss (P&L) statement
- Identify key components: revenue, cost of goods sold, gross profit, and net profit
- Understand how P&L statements inform business decisions.
Session 2: Introduction to Cash Flow Management
- Differentiate between profit and cash flow.
- Understand the components of a cash flow statement.
- Recognise the importance of cash flow in day-to-day operations.
Session 3: Budgeting Techniques and Forecasting
- Explore various budgeting methods: fixed, flexible, and zero-based budgeting.
- Learn how to create a cash flow forecast.
- Use budgeting tools to plan for future financial needs.
Session 4: Monitoring and Adjusting Financial Plans
- Analyse variances between projected and actual figures.
- Implement strategies to address cash flow shortfalls.
- Review and adjust budgets to reflect changing business conditions.
What Sisters say about this program
“It has been truly amazing and so very grateful for sharing their knowledge and information and their biggest asset – their time.”
– Lorraine
“The Coaching Circle was a fantastic way to expand my knowledge of available social media, and to have the tools to narrow my focus and get things done.”
– Valerie
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This page is for the upcoming Coaching Circle: Budgeting and Cashflow. We run a new 4-week live group program every month on different aspects of creating and running a successful business.
Got questions? If you have any questions, email us at members@globalsisters.org
About Instructor
Program summary
