FOR IMMEDIATE RELEASE
Free Cashflow in a Crisis teleseminar for struggling small businesses
National business development franchise, 10X, is hosting a
free teleseminar event for Australian
business owners titled ‘Cashflow in a Crisis’ on the 3rd of June. The teleseminar has been designed
to help entrepreneurs tackle one of the major challenges currently being faced by businesses in the
recession.
According to Dean Marinac, business development specialist and host of the event, a staggering
92% of business owners frequently stress about cash flow, with a significant number often having
to source additional funding, reduce their operations, and even take pay cuts. “Cashflow is a major
concern for business owners, because no business is immune - even profitable businesses go broke
from cashflow mismanagement,” says Dean. “This problem has been worsened by the recession,
which has resulted in fewer customers and leads, reduced consumer spending, and increased
operating costs. The strategic management of cashflow, in the face of the recession, is now more
critical than ever for the survival of businesses.”
Dean Marinac, who has personally lead business improvement workshops to over 1,800 Australian
businesses, will share the top 10X proven cashflow strategies, such as:
How to develop and implement cashflow management in your business
How to conduct a break-even analysis and create a working budget
The dangers of discounting and other strategies to avoid
Why understanding the cashflow cycle can lead to a thriving bank balance
The benefits of implementing a debtor collection system and credit policy
Stressing the importance of proper cashflow management, Dean says: “The recession has resulted
in new, unchartered conditions for businesses, and this teleseminar will teach business owners how
to readjust their strategies accordingly. Cashflow represents the lifeline of all businesses, and with
the right resources and support, Australian businesses can ensure that their cashflow is effectively
managed for survival through the current crisis.”
This special live event, the first in a series of teleseminars to be hosted by 10X, is available for
register can also submit their own cashflow questions to be answered by 10X experts during the
teleseminar.
For media enquiries, please contact: Monique Van Dijk at 10X, monique.vandijk@10x.com.au
* Statistic taken from NAB survey, Nov 2008
NEWS 
