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Understanding Cash Flow: A Business Survival Guide

Event Type: Business/Career
Date: 9/17/2019
Start Time: 6:30 PM
End Time: 8:30 PM
Description:
 Sales and earnings are not enough to survive. History is riddled with examples of businesses with consistent earnings growth that went bankrupt. 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 CFO from Axalta Coating Systems, a global supplier to the automotive industry. In addition to his business career, Tom has taught Accounting and Financial Management at multiple colleges and universities, including Pace University and West Chester University. He is a Certified Public Accountant (CPA) as well as a Certified Forensic Accountant.

Presented in cooperation with SCORE of Chester & Delaware Counties.

Library: Chester County Library
Location: Burke Meeting Room
Contact: Sam Bardarik
Status: Closed


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