Summary Description

Safeguard your business's future with our Preventing Bankruptcy from Your Early Start Days bootcamp. This 5-day program focuses on financial management practices essential for early-stage businesses. Learn to manage cash flow, control expenses, reduce debt, and build financial resilience. Gain insights into legal considerations and strategies to protect your assets, ensuring your business thrives rather than merely survives.

Course Content

Module 1: Understanding Financial Risks

●     Day 1:

○     Morning Session:

■     Common Causes of Bankruptcy in Startups

■     Self-Assessment: Financial Risk Awareness

○     Afternoon Session:

■     Identifying Early Warning Signs

■     Interactive Exercise: Risk Identification in Your Business

Module 2: Effective Cash Flow Management

●     Day 2:

○     Morning Session:

■     Importance of Cash Flow Over Profit

■     Techniques to Improve Liquidity

○     Afternoon Session:

■     Cash Flow Forecasting Workshop

■     AI Tools: Real-Time Financial Tracking

Module 3: Debt Management and Credit

●     Day 3:

○     Morning Session:

■     Understanding Good vs. Bad Debt

■     Managing Loans and Credit Lines

○     Afternoon Session:

■     Negotiating with Creditors

■     AI Applications: Credit Management Software

Module 4: Cost Control and Profit Maximization

●     Day 4:

○     Morning Session:

■     Expense Auditing and Reduction Strategies

■     Pricing Strategies for Profitability

○     Afternoon Session:

■     Case Studies: Turnaround Success Stories

■     Workshop: Developing a Cost Control Plan

Module 5: Legal Safeguards and Compliance

●     Day 5:

○     Morning Session:

■     Understanding Bankruptcy Laws and Regulations

■     Asset Protection Strategies

○     Afternoon Session:

■     Post-Assessment: Financial Health Evaluation

■     Action Plan: Developing a Financial Stability Plan

■     Bootcamp Conclusion and Certification

Other Details

Instructor

Name: Thomas Lee

Profile and Experience:

Thomas Lee is a financial consultant specializing in startup finance and risk management. With over 20 years of experience, he has helped numerous businesses navigate financial challenges. Thomas holds a CPA designation and is known for his ability to simplify complex financial concepts.