cashflow

• cash flow can be associated with the general operation of the company or with a particular component or project of the corporation. One of the central goals of any type of business is to maintain a positive cash flow.
Self-study(P39)
• currency：n.货币
paying-in slip：（银行）存款单
• payee：n.收款人
Βιβλιοθήκη Baidu
deduct：v.减去，扣除
transaction：n.交易，事务
• counterfoil：n.存根 interest：n.利息
adviser：n. 顾问 deposit：n.定金，首付
Terms
Credit sales 赊账销售
credit terms：信用期限、 信用条件
financing costs：筹措成本
potential customer：潜在 客户
Cash receipt 现金收讫
Cash disbursement 现金 支出
cash on delivery：货到 即付款
• It’s always good to sell more, true?
‘The more we sell, the less cash we have ’ Steve Quick
• The cash flow gap creates the need
for effective cash flow management.
The idea is simple: enter how much money is coming in (inflows) versus how much money is going out (outflows). The most important thing is that the values go at least three months into the future (but actually it is recommended 12 months).
any purchases over $50, ask yourself "Do I really need this?" If not, you can live without it.
(2) Don’t buy hardware you don’t need.
(3) Be brutally realistic. Always overestimate your expenses and underestimate your income.
• 现金流量是现代理财学中的一个重要概念， 是指企业在一定会计期间按照现金收付实 现制，通过一定经济活动（包括经营活动、 投资活动、筹资活动和非经常性项目)而产 生的现金流入、现金流出及其总量情况的 总称。即：企业一定时期的现金和现金等 价物的流入和流出的数量。
Somebody says the cash flow is the NO.1 killer
In order to keep track of your cash flow, you’ll need a simple spreadsheet tool, the favorite is Excel.
Tips
(1) Spend as little as possible. Before you make
• What is cash flow
Cash flow is usually understood to be the total amount of cash that is generated and received by a company, along with the amount of cash that is used for expenses of the organization.
2.Companies don’t see a cash shortage coming and they run out of money You can have the most amazing service or product in the world, but if you run out of cash, it won’t matter.
• Now we can take our book’s case as an example (p36)
Vocabulary (in our book)
• cash flow：现金流向、现金流动 • cash flow gap：现金流量差额 • final payment：最后付款 • down payment：订金 • bill：vt. 要求支付…的费用 • remainder：n.剩余物 • early settlement discount：提前付款折扣 • labor cost：劳动力成本 • outstanding：adj. 剩余的 • outstanding balance：剩余金额 • a shortage of cash：现金短缺 • turnover：n. 营业额
It can help reduce the amount of time between cash inflows and cash outflows. Then will help reduce or close cash flow gaps.
So we must improve our cash flow
• cashier：n.出纳
overdraft：n.透支额
• dividend：n. 股息，红利 deductible：adj. 减去
• haulage：n. 货运业，货运费 consignment：n. 托运的货物
• margin：n. 页边，空白
courier：n. 信徒
• logistic：n. 后勤；逻辑
of small businesses.
Two main reasons
1.Companies aren’t realistic when it comes to predicting their income and expenses. They overestimate their income and underestimate their expenses.
custom duty：关税
This example shows how easily a cash flow gap can occur in a small business. A cash flow gap is a shortage of cash 现金短缺 caused by the mismatching of cash outflows and cash inflows.
Depreciation 折旧
Tighten/loosen credit policy 收紧/放宽赊账 Collection policy 收款期 Financing cost 融资成本 Pay In 3 installments 分 期付款
Day-to-day operation日常 营运
Capital expenditure 资本 开支
(4) Chase invoices the minute they’re late. (5) Update your cash flow regularly.
(6) Cut expenses as much as possible.
Thank you