Cash flow management for small companies

About the eBook

COMMITLY was developed by passionate entrepreneurs for entrepreneurs, primarily for small and medium-sized companies. The starting point: our own question, "how is the account balance going to develop?" – what is possible, what is not? Where do we need to save? Can I hire another employee? In the developers' experience, those are the questions every entrepreneur asks. A planned balance sheet, a P&L and the like are of little help with concrete business decisions. What counts is cash flow.

We are financial experts, we have worked as CFOs in large companies, we advise companies independently, and our experience is that at the end of the day we are always faced with the same questions: can we afford additional marketing? Can we take on staff? Where will the company be in 3 months? In short: it all revolves around liquidity and the room for manoeuvre that comes with it.

In other words, cash reserves are a key measure of a small company's vitality, resilience and security.

A collection of tips and case studies from COMMITLY's last 12 months. Written by the founders of COMMITLY, by friends, business partners and customers. Simple and pragmatic. Less focus on theory than on what can actually be put into practice. Also exciting are the highlights from a study of more than 500,000 small companies in the USA, which underlines the importance of cash flow management. Including a short description of COMMITLY's approach to cash flow planning.

Contents of the eBook

• So what?

  Liquidity as the 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