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Cash Flow Management for SMEs
April 4, 2019 @ 3:00 pm - 5:00 pm
Date: 4th April 2019
Venue: Training Room, SMCCI (15 Jalan Pinang S199147)
3pm-4pm: The Cash Flow Ratios- The Silent Indicator by Daniel Ang, Business Advisor of SME Centre @SMCCI
During this session, Daniel will walk you through the differences between a cashflow/income statement and a balance sheet. Introducing basic accounting methods like financial ratios, he will share how you can better track your company’s financial data.
o Cashflow Ratios – Who uses them?
o Types of financial ratios
o The relationship between Balance Sheet and Income Statements
o What comes first – cashflow or earnings?
o Cashflow ratios every value investor should know
4pm-5pm: Cashflow Management for SMEs by Ken Leong, Director, 361 Degree Consultancy Pte Ltd
Ken is the founder of 361 Degree group and the group has been specializing accounting services and software solutions for the past 10 years. Under his leadership, the company has won numerous awards and featured on national TV & radio. Before setting up the company, Ken has been extensively involved in Human Resource and Accounting functions in multi-national & public-listed companies, as well as local SMEs.
Ken actively engages with local SMEs to provide comprehensive consulting services. Some of his clients include People’s Action Party, Nation Group of Companies, Octopus Group of Companies, Bee Cheng Hiang, HLA Garments & many more.
Workshop Synopsis Whether your business is growing or struggling, managing your cash flow is essential because it is the lifeline of every business. Most SMEs are more concerned with making profits but have difficulty managing their cash. Learn from our finance experts on how you can manage your cashflow and ensure that it remains healthy for your business.
o Understanding the concept of cashflow
o Discover how to forecast cashflow
o Striking a balance between cashflow vs profit
o Analysing the traditional vs digital ways of improving cashflow
For more information, contact Janaga at 6293 3822 or email firstname.lastname@example.org.