Essentials of 13-Week Cash Flow Forecasting: An Essential Tool for Owners and Lenders

As the expression goes, “Cash Is King” but many business owners and financial managers have managed to grow their businesses without incorporating a standard 13-Week Cash Flow Forecast into their routine financial reporting, so they are not evaluating, understanding, and managing their liquidity using the tool lenders rely on when extending credit. The Chicago Midwest Chapter of the Turnaround Management Association (TMA) is pleased to host a free-for-all 13-Week Cash Flow webinar hosted by Jim Keane and Mac Rowland of Harney Partners, a national middle corporate advisory firm, to provide business owners and financial managers of all sized firms an understanding of the critical drivers of this report, keys to making it more reliable, tips for presenting it to lenders and stakeholders, and the strategic importance of this report for any business. 

This management-level program is ideal for owners, CFO’s, Controllers, financial professionals, lenders, and consultants and will cover important topics such as:

• The optimal structure of a good forecast
• Evaluating source data for Receipts and Disbursements
• Cross-Functional Keys to Improve Reliability
• Managing Assumptions and Learning from Variances
• Leveraging for Strategic Decisions, Cost-Cutting Opportunities, Growth, and Restructuring
• Inspiring Lender Confidence in your Business Plan
• Question and Answer Session

Mac Rowland, Managing Director, Harney Partners 

With a nearly 30-year track record of success in managing and improving manufacturing organizations, Mac is skilled in leading companies through the challenges of difficult economic conditions. As the CFO of multiple automotive suppliers during financial crises, along with over 15 years as a turnaround consultant, his practical experience with the realities of distressed manufacturing operations differentiates his talents and brings a unique perspective in turnaround consulting.  13-Week Cash Flow Forecasts are one of his primary tools. 

James G. Keane, J.D., Chief Operating Officer, Harney Partners  

Throughout his 30+ year career as a turnaround professional, business executive, and attorney, Jim has achieved significant results for both large and middle market companies.  He has successfully executed dozens of complex restructurings and M&A transactions as well as public and private financings across many industries. Prior to 2005, Keane practiced corporate and securities law at Schiff Hardin and as Associate General Counsel for Sears, Roebuck and Co.