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QuickBooks® Training Library

7 Minutes to Cash Flow with Cash Flow Mike


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Alicia Katz Pollock
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For someone else
Purchase for $40 or enter access code

This Cash Flow Management course teaches small business owners and bookkeepers to monitor, analyze, and optimize cash flow. Boost financial literacy, manage working capital, and make data-driven decisions for a profitable future.

In this class, you'll learn about: 

  • Reading a Cash Flow Statement

  • How to perform Trend Analysis

  • Implementing Expense Controls

  • Understanding the Debt-to-Equity ratio

  • Using EBITDA to focus on operations

  • Identifying mismatched financing

 

After taking this course, you will be able to:

  • Recall the steps in the “7-Minute Conversation” about cash flow

  • Identify the sections of reports important to understanding cash flow

  • Define terminology used in financial literacy advisory

 

Uncover the Cash Flow Mystery in Your Profitable Business

You've looked at your Income Statement, and you're pleased to see a high "net income" figure. Your accountant praises your year-over-year profitability. Yet, unexpectedly, you find yourself without enough cash to cover day-to-day operations.

If this scenario sounds all too familiar, then this course with “Cash Flow Mike”, Mike Milan, is designed to help you navigate the intricacies of cash flow management, beyond what the Income Statement reveals.

While profitability is critical, it's just one part of the financial health of your business. Many business owners are perplexed when their apparently profitable business faces liquidity issues.

This course aims to bridge the knowledge gap between accounting profitability and actual cash availability. Learn how to analyze your cash flow in just a few minutes!

If you've ever found yourself frustrated because your CPA only provides numbers without context, you're not alone. This course goes beyond the math to connect financial data to real-life business scenarios. We delve into actionable strategies to improve your business's cash flow, aligning accounting theory with practical applications for more informed decision-making.

By learning the essentials of cash flow management, you'll be able to make data-driven decisions that can significantly impact your business's future. This course helps you identify opportunities and red flags in your cash flow, setting you up for financial success. No longer will you find yourself "profitable" on paper but struggling in reality.

After running multiple companies and analyzing hundreds of different businesses, Cash Flow Mike has created a simple step-by-step system that will give you the financial literacy tools you need for long-term business sustainability.

Whether you're a bookkeeper, a business owner, or an entrepreneur planning to acquire a new venture, this course offers actionable insights into cash flow management that can transform your business landscape.

 

 

 

 

 

 

 


 

 

 

Instructional Level

Intermediate

 

Course Length

1 hour

 

Course Credits

1 CPE, Certificate of Completion

 

Field of Study

Accounting/Bookkeeping

 

Delivery Method

QAS / Self Study

 

Prerequisites 

  • Understanding how to read a Profit and Loss Statement and Balance Sheet, or 

  • Completing our “Running Reports” class at http://royl.ws/Reports, or

  • Completing our “QuickBooks Checking and Cash Flow” class at http://royl.ws/cashflow

 

    Who should take this class?

    • Business owners who want to understand their company’s cash flow

    • Bookkeepers who want to advise their clients for success

     

    Advanced Preparation: 

    None

    Evergreen Access (Made to Stay Current)

    Your purchase is designed to stay useful long after you finish the course! As the software changes, we refresh the content so you’re not learning from outdated screens. You’ll also have access to the class discussion/Q&A so you can ask questions when real-life situations pop up. And because it’s lifetime access, you can revisit the videos, handouts, and materials anytime you need a quick refresher.

     

    Live Session + Replay Included

    If you can’t attend at the scheduled time, go ahead and enroll—your live registration includes free access to the on-demand replay. We record every live class and post an edited version to the course page within two weeks of the class date. Once it’s available, you’ll receive a notification inside your OWLS portal.

    While the replay is being published, you can download the notes/handouts and complete any quizzes or questionnaires so you’re ready to follow along when you watch.

     

     

     

     

     

     

     

     


     

     

    Refunds & Cancellations

    Please view our Terms of Service, for information on refunds, cancellations, and complaint resolution. To request a refund, please contact us.

     

    Royalwise Solutions Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

     

     


    Course Credits: 1 CPE, Certificate of Completion. Must be awarded within one year of enrollment.
    Course Updated: December 2023

    Course Page Updated: March 2026

     

     

     

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    Here is the course outline:

    1. Download the Handouts

    Download the handoust that go with the course.

    Cashflow Mike's Pricing Calculator Spreadsheet
    Class handout (slide deck)

    2. Watch the Videos: 7 Minutes to Cash Flow with Mike Milan

    This Cash Flow Management course teaches small business owners and bookkeepers to monitor, analyze, and optimize cash flow. Boost financial literacy, manage working capital, and make data-driven decisions for a profitable future.

    Intro and Agenda
    Basic Business Math
    The 3 Financial Statements
    The Home Run Line Up
    Expense Control
    Debt to Equity
    What is EBITDA?
    Mis-matched Financing
    Cashflow Activity Pattern
    Company Lifecycles and Conclusion
    Review: Cash Flow Concepts

    3. Take the Quiz

    Take this quiz to demonstrate your mastery of the material. Pass the quiz with an 80% or higher to complete the Course, earn your Certificate, and win points!

    Complete this survey for CPE Credit
    Quiz: 7 Steps to Cash Flow

    Completion

    The following certificates are awarded when the course is completed:

    Royalwise CPE Certificate
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