1. Learn how to prepare a budget/projection
· Analyzing the company’s present commitments
· Understanding the assumptions that
need to be made
· Importance of preparing on a monthly basis
· Importance of monitoring and re-evaluating
·Difficulty of getting owners committed
2. Improving cash flow
· How to convert the budget to a cash basis
· Managing cash flow - timely billing, discussions
with vendors, improving collections
3. Communications with bankers and sureties –
making sure there are no surprises
4. Learn how to better understand company ratios –
measuring financial performance and comparing
to benchmarks