Understanding Cash Flow

Understanding how money moves in and out of your business is essential to keeping it healthy. In this session, participants will learn the difference between cash inflow and cash outflow and why tracking both matters. We’ll explore how profit on paper doesn’t always translate to money in the bank—and what that means for day-to-day operations. Through practical examples, you’ll discover how to anticipate and manage the timing of your income and expenses. By learning how to manage your cash effectively, you’ll gain the flexibility to handle slow seasons and unexpected costs with confidence.

• Learning the difference between cash inflow and cash outflow
• Profit does not always mean you’ll have money in the bank
• Managing your cash will offer flexibility to weather slow times and bills that may hit at different times.

Dereck Barrett is a business advisor and entrepreneur with over 20 years of experience in business planning, financing, and growth strategy.

After graduating from the University of Nevada, Reno, he began his career in banking sales, earning national recognition as a top performer.

In 2004, he co-founded and financed his first physical therapy clinic in Southern California. Later he and his wife returned to Reno, purchased a commercial building and started another physical therapy clinic. Dereck expanded the practice to multiple clinics locations and was the market leader before selling his majority interest.

While expanding the practice, Dereck became a commercial real estate broker and has worked in that capacity for the last 7yrs.

He attributes his life’s professional success to entrepreneurship and sincerely loves helping guide entrepreneurs through the challenges of launching, financing, and scaling their companies.