Cash Flow Management

UNDERSTANDING CASH FLOW AND HOW CASH FLOW DIFFERS FROM NET PROFIT

We have all heard the saying "CASH IS KING." The old-time phrase is extremely relevant if you run a small business.

Without sufficient cash flow, a business will most likely fail even if the business has consistent positive monthly net profits.

This class will demonstrate the difference between cash flow and net profit. The class will also provide you with a simple tool that will help you understand and visualize how profit and cash flow work side by side.

Intended Audience: Students, Small Businesses, Independent Contractors, Freelancers

Lesson 1 -The importance of keeping good accounting records.mp4
Lesson 2 - Is it time to switch from a spreadsheet to software.mp4
Lesson 3 - Difference Between Gross Profit and Net Income.mp4
Lesson 4 - What is cash flow management.mp4
Lesson 5 - The difference between cash flow and net income.mp4
Lesson 6 - The Cash Flow Worksheet Excerise.mp4
Lesson 7 - Hands On Project.mp4
Cash Flow Spreadsheet
Wrap up - Cash Flow Management.mp4

What's included

  • 8 Video Lessons
  • 1 Text Lesson

  • Works on all devices
  • Certificate of completion

Desarie Anderson CPA EA

Instructor

I am originally from London, England but currently live in Atlanta, GA with my husband David.

I always joke that I have had the distinct pleasure of using both the left and right side of my brain. I owned and operated a hair salon for over 17 years (Right side), and now I own a small Tax and Accounting practice (Left side). So you can get your hair cut & colored and get your taxes done all in one visit.

I graduated from Georgia State University with a BA in Accounting. I am a Georgia CPA and an IRS Enrolled Agent. I am also a certified QuickBooks online Pro adviser.

In addition to providing small businesses with accounting and tax resolutions services, I am passionate about helping small businesses and independent contractors manage their cash flow. No business can survive without proper cash flow management. I specialized in setting up accounting systems for Nonprofit organizations and helping taxpayers with IRS debt problems and audits.

I am a former employee of the Department of Revenue, and therefore, I have seen first-hand how small businesses suffer due to insufficient cash flow.

During the few hours of the day I am not working; I enjoy working out and watching Netflix.