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TZID:Europe/Rome
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BEGIN:VEVENT
UID:36@milan.eonetwork.it
DTSTART:20200401T080000Z
DTEND:20200402T090000Z
DTSTAMP:20200401T220203Z
URL:https://milan.eonetwork.it/events/managing-your-cash-flow-during-the-c
 ovid-19-crisis-with-alan-miltz/
SUMMARY:Managing your Cash Flow during the COVID-19 crisis with Alan Miltz
DESCRIPTION:Preserving Cash is Critical\nIn this difficult time\, it has ne
 ver been more important to understand and manage your Cash Flow so you can
  preserve your cash.\nIn any given business there are up to 7 critical lev
 ers that impact your Cash Flow\, collectively we call them The Power of On
 e:\nPrice\; Volume\; Cost of Sales/Direct Costs\; Overheads\; Receivables\
 ; Inventory\; Payables.\nUnderstand your “Power of One”\nIt is importa
 nt to make sure you understand which levers are most sensitive within your
  business. Do you know what a 1% or 1 day change in each of the 7 levers w
 ill do to your Cash Flow?\nWith this in mind\, you now need to stress test
  your business. For example\, what happens if:\nRevenue drops by 50%\nColl
 ections blow out by 60 days\nSuppliers remove terms in order to supply\nYo
 u can use these simple scenarios to understand how far away from\, or into
 \, crisis you are.\nCrisis-proof your Management Team\nIt has never been m
 ore important for your entire management team to understand your Cash Flow
  and the levers they can impact to minimize your risk. It is critical that
  everyone in your management team understand the stakes.
ATTACH;FMTTYPE=image/jpeg:https://milan.eonetwork.it/wp-content/uploads/20
 20/04/alan-miltz-Photo-Scaling-Up-professional-1-300x300-1.jpg
CATEGORIES:Global
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