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SET THE CONTEXT
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MARKET ANALYSIS AND BUSINESS POSITIONING
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DEVELOP YOUR SALES FORECAST
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DEVELOP YOUR OPERATIONAL AND COST PLAN
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DEVELOP YOUR CASH FLOW PROJECTIONS
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DETERMINE YOUR FINANCING STRATEGY
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INTERPRETING THE INCOME STATEMENT
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INTERPRETING THE BALANCE SHEET
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INTERPRETING THE CASH FLOW STATEMENT
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CONCLUSION
Actions to take to improve cash position
- Identify areas that need attention
- Tighten inventory
- Eliminate unnecessary costs
- Improve receivables
- Manage payables
- Increase cash sales by advertising more effectively
- Lease equipment
- Add new outside cash – personal investments
Next
Exercise 7