Cash Flow Fundamentals for Business Owners

Managing cash flow is essential for small businesses which often operate on a very lean budget. About 60% of small businesses say they regularly struggle with cash flow issues, and 40% of them say that cash flow has restricted business growth, according to an Intuit study of 3,500 companies with 0-100 employees by Intuit and Wakefield Research. Maintaining a healthy cash flow can help ensure that you have cash available for today and in the long term. But how do you do it? This workshop will provide you with the fundamentals of cash flow management.

Presenter: With over 20 years of financial services experience, Nick Correa is the Small Business Development Community Officer of Bank of America. Nick works with small business owners and community organizations with a focus on providing access to capital, resources, and financial education for emerging businesses, as well as businesses within low-to-moderate income and multi-cultural census tracts.

Closing the Entrepreneurial Gap™ Initiative-Is a joint partnership with Bank of America and Exodus Management and Consulting, LLC aimed at advancing access to capital for minority businesses by conducting a series of small business financial literacy workshops throughout the year in an effort to remove barriers to minority business success and economic growth.