Profit does not equal cash, and for every small business cash is king. Understanding the cash flow of your business is essential to be successful. There are two ways to improve how you manage your cash flow. The first is working capital management (managing stock, managing supplies and debt recovery). The second is using cash flow forecasting. A cash flow forecast is the most important business tool for every business. The forecast will tell you if your business will have enough cash to run the business or pay to expand it. It will also show you when more cash is going out of the business, than in. In this workshop, learn five basic steps in preparing a cash flow forecast including how to forecast monthly revenue and cash needs and make use of essential financial ratios to assist in improving current cash flow. This is a perfect workshop for small business owners and managers. Manage your cash flow. Don't let it manage you! 80% of businesses fail because of cash flow problems. Make sure yours isn't one of them.