Why should you or other members of your firm participate in this webinar? I’ll give you 13 reasons:
- The 13-week cash flow (TWCF) model is the short-term forecast preferred by practitioners, lenders, creditors and most other constituents.
- A properly prepared TWCF provides a company and all of the constituents with a roadmap to the ultimate exit.
- A TWCF illustrates a company’s cash sources and uses, and any operational shortfall must be provided for through the anticipated exit date.
- TWCF provides much needed visibility for direct materials, direct labor and selling expenses as individual components.
- It helps assess poor collection of receivables, ineffective vendor strategies, or a high fixed-cost burden – all of which may have been buried in other types of financial forecasts.
- The TWCF is an illustrative document that removes some of the obfuscation that can be a part of accrual accounting.
- Often the TWCF provides a dose of reality to management teams that are in denial.
- An accurate TWCF is integral to building credibility and trust between management and lenders in a turnaround.
- For creditors or other providers of capital, the company’s TWCF should be a critical element of the credit or investment process.
- Without a TWCF at the inception of the acquisition, an acquirer cannot be certain of the short- to medium-term capital needs of the business.
- It’s critical for a company’s business and strategic plans, as quantified by the TWCF, to be both accepted by parties in interest and stakeholders and consistently executed by the company.
- Management that consistently meets its TWCF goals will have an advantage in completing a turnaround in a timely and effective manner.
- The TWCF model is the accepted industry standard in all corporate renewal situations because of its practical applicability to its users and its effectiveness as a communication tool.
Register for the webinar today.
Moderator: Frank R. Mack, CTP, Accretive Solutions Capital Partners, Inc.
Panel: Robert D. Katz, CTP, Executive Sounding Board Associates Inc.; James M. Macdonald III, JP Morgan Chase Bank Chase Business Credit; and David W. Wirt, Locke Lord Bissell & Liddell LLP