Understanding Cash Flow – A Business Survival Guide


Event Details


SCORE Workshops

Sales and earnings are not enough to survive, just ask W.T. Grant who had consistent earning growth, yet went bankrupt.  Ask Bernie Madoff, whose Ponzi scheme would have gone on had it not been for the lack of new cash inflows.  In fact the number two cause of business failures is not knowing the difference between earnings and cash! Additionally, understanding the value of time in the cash equation is critical to business survival.  This session will help you better understand the differences between cash and earnings as well as provide some suggestions as how to maximize cash.

Tom Faughnan retired as Chief Financial Officer from Axalta Coating Systems (formerly DuPont Automotive Finishes).  Prior to that he had financial management positions in several businesses and significant corporate roles.

Ages: Adults
Presented By: Tom Faughnan
Cost: Free, but registration is required.
Contact: Mary at shannon@haverfordlibrary.org
Sponsored By: SCORE of Chester and Delaware Counties

HTFL partners with SCORE of Chester and Delaware County to provide valuable information for small businesses and organizations. SCORE is a non-profit organization providing free professional guidance and information to assist in starting or growing a business by offering free mentoring and regularly scheduled workshops and seminars.

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Bookings are no longer available for this event.