Explore upcoming workshops and events within HIC to immerse yourself within our business community. Speak to our business advisor if you are keen to showcase your skills in your area of expertise. We encourage positive connections within our centre. After all, business is about people and relationships.
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Food and Drink – The Art of Cash Flow Forecasting
May 12 @ 9:30 am - 12:30 pm
Bad debts and unexpected costs can have a detrimental impact on your cash flow, delay production and cause management stress. From credit risk analysis of new customers to contingency planning for growth, this workshop will look at how to keep the cash coming into your business and understand the importance of financial planning.
The saying ‘cash is king’ is widely used and unanimously agreed upon, but many businesses are caught short with unexpected debt or loss of revenue. Business growth can also harm cash in the business, so cash flow forecasting is paramount to the sustainability and success of your business. Whilst there is software available to offer options for business owners to have a better understanding of their cash position, many leaders have returned to a personal understanding of their cash position – and in this action planning workshop we find out why.