Lunch & Learn: Cash Flow Mastery

Join us for an interactive and informative virtual Lunch & Learn session tailored to small business owners in the beautiful state of South Carolina. In this engaging online event, we'll dive deep into the crucial aspects of cash flow management, providing you with practical strategies to ensure the financial health and sustainability of your business.

Key Topics Include:

Understanding Cash Flow Basics: Gain a comprehensive understanding of cash flow and its significance for small businesses. Learn how to differentiate between cash flow, profit, and revenue, and discover why effective cash flow management is vital for long-term success.

Creating a Cash Flow Statement: Walk through the process of creating a cash flow statement specific to your business. Understand how to track and analyze inflows and outflows, allowing you to make informed decisions and mitigate financial challenges.

Forecasting and Budgeting: Explore the importance of forecasting and budgeting in cash flow management. Learn practical techniques for creating accurate financial forecasts and budgets that align with your business goals and industry trends.

Invoice and Receivables Management: Uncover strategies for optimizing your invoicing and receivables processes. Discover best practices for timely invoicing, setting payment terms, and managing outstanding payments to maintain a healthy cash flow.

Expense Control and Cost Management: Delve into effective expense control measures and cost management strategies. Learn how to identify unnecessary expenses, negotiate with suppliers, and implement cost-saving initiatives without compromising the quality of your products or services.

Access to Financing Options: Explore financing options available for small businesses in South Carolina. Understand how to leverage credit facilities, loans, and other financial tools to bridge cash flow gaps and support your business growth.

Interactive Tools and Resources: Discover online tools and resources designed to simplify cash flow management for small businesses. From accounting software to financial management apps, learn how to leverage technology to streamline your financial processes.

Expert-Led Q&A Session: Engage with financial experts who specialize in small business cash flow management. Pose your questions and receive personalized insights to address the specific needs of your business.

Don't miss this opportunity to enhance your financial acumen and take control of your small business's cash flow. Register now to secure your spot at this virtual Lunch & Learn.

Stephanie Fox Financial Wellness Leader II Truist Financial Wellness Program Lowcountry and Lowland South Carolina Regions

Stephanie Fox is Truist’s Financial Wellness Leader II for the Truist Financial Wellness program. She covers the Lowcountry and Lowland South Carolina Regions. Stephanie has nearly 8 years of banking experience and excels in enhancing the customer experience. Stephanie has been with Truist since January 2020. Prior to Truist, Stephanie started for banking career with Wells Fargo Bank in downtown Charleston, South Carolina.

At Wells Fargo, Stephanie has held in a variety of community banking positions and has been recognized as a star performer. During her five year tenure at Wells Fargo, Stephanie was an impactful leader as an @Work Onsite Educator and Small Business Advocate. As a result, she was able to build trusted banking relationships with small businesses and consumers. Her favorite part of her role was actively being involved with the local community and facilitating for three years at the Charleston Black Expo where she inspired others to live better lives and futures.

Currently, Stephanie is a member of the Miller Motte College Advisory Board and actively participates in the Be the Light nonprofit organization based in Hampton County, South Carolina. She is also a Notary Public for the State of South Carolina.