Making Money: The Cash Conversion Cycle
Not sure how your Cash Conversion Cycle ultimately impacts your cash flow?
To be sure you have the cash you need to accomplish your business growth goals and understand the timing of the money flowing through your business and the strength of your cash position, you need to know your Cash Conversion Cycle..
How can this course help?
The "Making Money: The Cash Conversion Cycle" course from Numbers Coach University will equip you to understand strategies and everyday decisions leaders make to ensure you have adequate net profit that helps and does not hinder cash flow. Numbers are your compass, telling you where you are and where you are heading. What Cash Conversion Cycle metrics do you need to know?
In this brief course you learn a few concepts and how to apply them in your business as you work with them regularly.
After completing this course, you will be able to answer questions such as:
“What metrics impact CCC and ultimately cash flow?”
“What strategies can I implement to leverage cash flow through CCC?"
Who Is This Course For?
This course is for leaders of businesses and their leadership teams that want to grow their business at a sustainable pace. You are a perfect fit for this course if you are a:
- Business Owner
- Financial Leader
- Non-Financial Leader
What Will I Learn?
In this course, you will learn how Net Profit impacts your businesses cash flow and strategies to leverage it. By the end, you will be able to:
- Learn the difference between net profit and cash flow.
- Understand how timing affects your ability to create maximum cash flow impact.
- Answer the question: I made a net profit, but where's the money, it's not in my bank account?
- Learn how Net Profit interacts with the other 8 essential numbers that the Numbers Coach recommends that you measure and track regularly.
Reviewing and understanding the key numbers impacting your Cash Conversion Cycle will keep you from being blind-sided by a cash-flow shortage or surprised at the failure of an ill-timed initiative.
Get started today with this self-paced course that you can do in only 30 minutes (or less) to gain the insights you need to connect net profit and cash flow.
This is one of many courses from Numbers Coach University that will help you Own Your Numbers!
Your Instructor
Michael Iverson, MBA, CPA spent over 15 years as a financial executive for corporations such as KPMG, American Family Restaurants, Pediatric Services of America, and Profit Recovery Group. He founded Trillium Financial, Inc. (now Numbers Coach) in 2002 to provide small to midsize businesses with key financial functions such as budgeting, cash flow forecasting, banking and capital funding, mergers and acquisition activity and more. As the Numbers Coach, he has guided many entrepreneurs and business owners along their journey to reach the summit of financial success. Mike has been featured as a business finance expert regularly on podcasts such as Small Business Matters, Scaling Up and The Profit Answer Man.
