prospa and employment hero

Q&A: How to Nail Your Cash Flow

How to nail your business plan with limited of unpredictable cash flow EH and Prospa

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It is safe to say that 2020 is not the year many of us thought it would be. With bushfires, a global pandemic and now a recession, Australian businesses are feeling the effects of these macro forces on their purse-strings. 

New data from the Australian Bureau of Statistics (ABS) indicates the disruption caused by COVID-19 has been pretty severe for Australian businesses. 30% of small businesses reported that they don’t have enough cash on hand to support business operations for more than three months. No matter their industry, most small businesses are facing unpredictable cash flow and there is still uncertainty around whether JobKeeper will be extended past 30 September. This can make it tough to plan for the near future. 

Employment Hero and Prospa want to help. We’ve teamed up to bring you an exclusive Q&A between Ben Thompson (CEO and Co-Founder at Employment Hero) and Beau Bertoli (CRO and Co-Founder at Prospa). 

What will Ben and Beau discuss?

  • The non-negotiables for a solid business plan
  • What should be included in your cash flow forecast
  • Strategies for positive cash flow
  • How to stick to your business plan when money gets tight

 

Meet your hosts

Ben Thompson

Ben Thompson is the CEO and founder of Employment Hero. He is an employment lawyer, a business owner and has well over 20 years experience in the Australian employment landscape. A self confessed geek, Ben has boundless curiosity, enthusiasm and ambition.
He thrives on creating innovative solutions and disruptive people management offerings that redefine markets.

Beau Bertoli

Beau is the Chief Revenue Officer and a Co-Founder of Prospa. He has been Executive Director of Prospa Group since 2013 and has been instrumental to the establishment of Prospa. Beau has 15 years in financial services and has founded a technology start-up and managed a consumer product retailer. In 2017 Beau was awarded Fintech Leader of the Year by Fintech Australia and the NSW Pearcey Tech Entrepreneur of the Year Special Recognition award.

Beau Bertoli - Prospa
How to nail your business plan with limited of unpredictable cash flow EH and Prospa

What will Ben and Beau discuss?

  • The non-negotiables for a solid business plan
  • What should be included in your cash flow forecast
  • Strategies for positive cash flow
  • How to stick to your business plan when money gets tight