Planning ahead

· Budgeting

· Cash planning - 36 month cash flow

· Measuring actual versus plan

· Line of credit (for emergency use)

· Business credit card

 

Managing a cash crisis

· Short term loans against assets

· Extended payment terms

 

Raising cash

· Banks

à Selecting a bank

à Loans on assets and lines of credit

à Loans on receivables

à Small Business Administration guaranteed loans

· Leasing companies

· Venture capital and angels

· Business plans