PromoTix University: Course 101 - Class 4 - Financial Planning & Cash Flow Management for Event Businesses cover art

PromoTix University: Course 101 - Class 4 - Financial Planning & Cash Flow Management for Event Businesses

PromoTix University: Course 101 - Class 4 - Financial Planning & Cash Flow Management for Event Businesses

Listen for free

View show details

About this listen

This class teaches you how to build a strong financial strategy for your event business by mastering budgeting, forecasting, and cash flow management. You’ll start by identifying and planning for your startup costs—everything from licenses and insurance to equipment, marketing, and office setup—along with creating a financial cushion to cover surprises. Then you’ll learn how to forecast revenue realistically using conservative projections for ticket sales, sponsorships, private event fees, and other income streams, while also building a cost forecast to understand your break-even point and long-term profitability.

From there, the class dives deep into cash flow management, showing you how to track monthly inflows and outflows, predict tight periods, and prepare for fluctuations that naturally occur in the event industry. You’ll explore strategies like building cash reserves, negotiating payment terms, collecting deposits, securing financing, or raising capital when scaling. You’ll also learn how to use tools and accounting software to generate cash flow reports, avoid common pitfalls, and create regular cash flow statements. By the end, you’ll have a complete toolkit for keeping your business financially stable, prepared, and ready for growth.

No reviews yet
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.