smARTstart

Running an organization with expenses and sinking money into productions that have yet to open and begin earning their keep demands a solid handle on your organization's cash flow - money coming in and money going out. Poorly understood cash flow strategies and mismanaging income to expenses can lead to financial crisis resulting in bad credit history, angering your contracted help and maybe shutting down your doors. There are too many examples of arts organizations getting behind and never catching up. Start off on the right foot or start creating your cash flow plan now. Here's an excellent  guide to cash flow that covers projections, strategies and lays out a sample cash flow budget.

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What is cash flow and how should it be managed?