Liquidity management is an essential management task to ensure the continued existence of a company. So is digitalization. In this book, we provide tips for efficient Cash flow planning, benchmarks* and let experts have their say.
* Did you know, for example, that the average small business in the US has a cash reserve of only 27 days ?
COMMITLY was developed by passionate entrepreneurs for entrepreneurs, predominantly for small and medium-sized enterprises. The starting point: your own question "How is the account balance developing?" - What is possible, what is not? Where is there a need for savings? Can I hire an additional employee?
These are the questions that, in the experience of the developers, every entrepreneur asks himself. Budgeted balance sheets, P&Ls and the like are of little help when it comes to concrete entrepreneurial decisions. What counts is the cash flow.
We are financial experts, have worked as finance directors in large companies, advise companies on our own and have made the experience that at the end of the day we are always confronted with the same questions: Can we afford additional marketing? Can we hire employees? How will the company look in 3 months? In short, it's all about liquidity and the resulting room for manoeuvre.
In other words, cash reserves are a key measure of the vitality, resilience and security of a small business.
20 Contributions
58 Pages
A collection of tips and case studies from the last 12 months of COMMITLY. Written by the founders of COMMITLY, friends, business partners and customers. Simple and pragmatic. Less focus on theory and more on practicality.
Exciting also the highlights from a study of over 500,000 small businesses in the USA, which emphasizes the importance of cash flow management.
Including a short description of COMMITLY's approach at Cash flow planning.
So what?
Cash position A decisive factor
Cash is king
Cash flows, account balances, liquidity reserves
Liquidity management
Tips & case studies
COMMITLY
Structure and function
Tips from experts
Rules of thumb, mistakes, insolvency
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COMMITLY is your software tool for better cash flow management - developed by financial experts and entrepreneurs who know what is important when it comes to cash flow and Cash flow planning.
