What is Months of Cash? A measure of small business financial health!
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Ever wondered how long your business could survive without incoming revenue? In this video, we explore the concept of 'Months of Cash' and its significance in measuring your business's financial resilience.
Hannah breaks down the how to calculate this metric and uncovers insights to help you better manage your cash flow.
In this video you will find:
0:00 Finance Metrics
0:34 What is Liquidity?
1:11 Liquidity Metrics
1:35 Months of Cash
2:52 Calculate Months of Cash
3:56 Real-Life Example
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Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at https://claracfo.com/
Disclaimer: This video is intended for educational purposes and should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.
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