Description

This is Cash Flow Mike’s Signature course called The Clear Path To Cash. It is 8 Steps to maximizing cash in any given business situation. This course is a self guided video led course, where the individual modules can be viewed in any order.  Although, it is recommended that you view each lesson in chronological order, each video is built to stand on its own. Participants receive digital copies of the seminar workbook to follow along, additional blank worksheets to put the concepts into action, and a digital copy of each of Cash Flow Mike’s books as supplemental reading.

You are also encouraged to join our Facebook community of people to grow in your understanding of the concepts.  Here is a link to join:  https://www.facebook.com/groups/theclearpathtocash

In this session we’ll look at:

Start With The End In Mind

• Define value proposition
• Competitive advantage
• Measurement of a strong personal brand
• Building Transferable Value

The Home Run Financial System

• 5 Types of business
• Business entities
• Dealing with personalities
• Understanding the business lifecycle
• The 7 Minute Financial Conversation

Mining Your Business For Hidden Cash

• Ratio analysis
• Initial financial indicators
• Financial impact
• Financial cause and effect
• Problem and solution identification

The Simple Valuation Formula

• Asset approach
• Earnings approach

Forecasting By The Numbers

• One- year financial plan
• Pro forma income statement
• Pro forma cash budget
• Balance sheet forecasting
• Comprehensive cash flow

How To Deal With Your Banker

• Properly financing growing companies
• The 5 C’s of Credit
• Sustainable growth

The Fast Money Formula

• Cash budget and profit sharing
• Seasonal financing needs
• Understanding different types of cash flow
• Structuring debt

The Deliberate Exit Plan

• Succession Planning Basics
• Determining the best course of action
• Building a lifestyle friendly business