How can I manage my cash efficiently and avoid unpleasant surprises?

Let’s talk cash management in this workshop by Catherine Malevez, founder of My Personal Finance Manager.

Managing the cash flow of your business is important:

• to get a clear picture of your financial situation,
• to be able to meet its expenses,
• to anticipate and manage cash flow “gaps”,
• and …to sleep peacefully.

Effective management helps avoid unpleasant surprises. Just a few examples…

• I never expected to have to pay so much tax.
• What a HUGE adjustment to my social security contributions!
• I don’t have that kind of money. How am I going to do it?
• If I’d known, I wouldn’t have spent that money or paid that bill.

All these unpleasant surprises often lead to thoughts along the lines of:

• Is my business profitable?
• How could I have avoided this situation?
• I work a lot and I don’t know how to cope. Is this normal?

During this theoretical and practical workshop, you’ll learn how to manage your cash to avoid unpleasant surprises and get a good night’s sleep.

Workshop program:

• The difference between profitability and liquidity,
• Identifying sources of cash flow problems,
• Focus on social and fiscal expenditure (VAT, taxes, social security contributions),
• Implementing good cash management,
• Several practical exercises based on your specific situation.

So, are you tempted by the subject? Join us on Thursday, October 5 from 9.30am to 12pm.