In this workshop we will look at how you can project your cash flow. This will help you see in advance when you might have problems paying bills or salaries. That way you can work to avoid these challenges becoming reality. This can be helpful when your donors are not paying 100% advance upfront. But also when you are just starting out and trying to get a grip on your finances.
You can use the same mechanism for projecting the flow of stock, showing clearly when you need new stock coming in to ensure operations can continue smoothly.
This workshop is for you if you need to plan your incoming and outgoing money flows carefully, for instance due to grantmaking donors prefinancing only a certain percentage of your expenses. But it is also helpful if you work with any kind of stock and want to have an overview of available stock at any time and be able to manage stock inflow and outflow.
Workshop members will receive a format for a cash flow projection sheet.