Navigating your Cash Flow: Cash flow basics, maximizing cash in and cash out, and making the cash work for you
SAVE THE DATE *Registration will open shortly
Session 2: Navigating Cash Flow
April 7, 2023
English: 10:00 am – 11:30 am
Spanish: 2:00 pm – 3:30 pm
The NJSBDC at NJCU is proud to present First Fridays, in partnership with J.P. Morgan Chase.
Whether you’re in the dreamer stage preparing to launch your small business, or a business owner looking for ways to grow your business, our team, at the NJSBDC at NJCU School of Business, is ready to guide and support you on your entrepreneurial journey. Our passionate Business Advisors are here just for you, providing NO COST one-on-one counseling, low-cost training programs, and free webinars. Whether you need assistance in finding capital, establishing a strategic plan, or creating a marketing campaign, our dedicated team is here to guide and support you.
We understand that navigating through cash flow strategies is a key component for success within the entrepreneur and/or small business journey. So NJSBDC at NJCU School of Business has partnered with JP Morgan Chase to bring you a 5-part Webinar Series to help you position your business for success. In its simplest form, cash flow can be defined as when you are paid and when you must pay your bills. Cash flow statements show the net change in your company’s cash position from one period to the next. If you take in more cash than you send out, you have a positive cash flow. You have a negative cash flow if you’re paying more bills, payroll, and interest than you’re bringing in.
Cash flow is a key indicator of financial health. Without understanding the power of cash flow (liquidity), how to track revenue vs expenses, how to secure adequate financing, or the other components required to ensure your businesses, most entrepreneurs cannot start new businesses or grow their existing companies. This session is only one of 5 in this series, so make sure you sign up for each session!
This session, Navigating Cash Flow, is the second session of a 5 part series covering:
1. Cash Flow Basics
2. Maximizing Cash In
3. Minimizing Cash Out
4. Make Cash Work for You
Meet the Presenter:
Tim completed his commercial credit training at Wachovia Bank-Legacy Wells Fargo. Outside of work, Tim is past chair of the Board of Trustees of The Enon Tabernacle Baptist Church with 12,000 members, past Chairman of the Board of the Black Pearl Chamber Orchestra, and is currently the Chairman of the Board of the Enon Coulter Community Development Corporation.
Tim is a native of Philadelphia, PA with over 20 years of experience in Banking, the CDFI industry, and real estate development. He holds a real estate license in Pennsylvania and New York.
Tim was recognized by the Philadelphia Business Journal as a Top Commercial Real estate professional in the Philadelphia area. Tim holds a B.S. in Accounting from the University of Pittsburgh and completed his real estate training at Temple University. He is an avid mountain and trail biker and a vintage watch collector.
Are you looking for help with your Entrepreneurial journey? The NJSBDC at NJCU School of Business has a team of Subject Matter Experts ready to work with you as you build your business! Remember we offer one-on-one counseling at NO COST. If you’d like to learn more, Click Here. Ready to get started? Get Registered Now!