Explains that maintaining an adequate cash flow and managing cash resources effectively is vitally important to any business' profit and survival.

 

To demonstrate the impact of managing cash effectively in the overall mix of financial or profit levers that can be 'pulled'

 

1. Assessing importance of good cash flow

2. Assessing current management practices

3. Analyzing current cash budgeting system

4. Assessing current risk management methods

5. Identifying ways to hold sufficient cash

6. Making short term and long term investments

7. Introducing detailed cash budgeting

8. Measuring success

9. Continually restructure investments

10. Monitoring risk management strategies

11. Monitoring cash budget