Most nonprofits use the conventional approach to handling money: capital accumulation. They rely on donations to cash reserves, endowments, and capital building campaigns in the hope of securing financial stability for the future. However, these acquired funds often remain tantalizingly out of reach for day-to-day operations. In Cash Flow Stategies (and its companion volume The Cash Flow Solution (07879-78337), Richard and Anna Linzer introduce their revolutionary new approach to nonprofit financial management that emphasizes credit, cash flow, and new methods of risk management. The book introduces this new model and allows financial managers, executive directors, and financial consultants to understand and implement the approach. It provides the underlying theory with case studies, cash flow budgets, solicitation forms, sample letters, loan agreements and press releases, as well as the tools to create a self-administered strategic financial plan. At the heart of the book is the Cash Flow Forecaster, software on a CD that allows users to construct cash flow budgets and a series of annual forecasts, and the Real Estate Calculator, which helps readers plan whether to invest their money in buying their buildings or to invest elsewhere. Readers will receive: The book: A comprehensive guide to implementing cash flow forecasting in any organization The Cash Flow Forecaster software: An Excel-based tool that allows readers to construct a 12-month (or other term) cash flow budget and a series of annual forecasts The Real Estate Calculator software: An Excel-based tool that allows readers to determine when and if it is best to buy property instead of renting. An effective way to attain the working capital needed to achieve their mission and impact. The software will be sold separately as well.
Book Details:
- Author: Richard S. Linzer
- ISBN: 9780470180570
- Year Published: 2008
- Pages: 272
- BISAC: BUS074000, BUSINESS & ECONOMICS/Nonprofit Organizations & Charities
About the Book and Topic:
Most nonprofits use the conventional approach to handling money: capital accumulation. They rely on donations to cash reserves, endowments, and capital building campaigns in the hope of securing financial stability for the future. However, these acquired funds often remain tantalizingly out of reach for day-to-day operations. In Cash Flow Stategies (and its companion volume The Cash Flow Solution (07879-78337), Richard and Anna Linzer introduce their revolutionary new approach to nonprofit financial management that emphasizes credit, cash flow, and new methods of risk management. The book introduces this new model and allows financial managers, executive directors, and financial consultants to understand and implement the approach. It provides the underlying theory with case studies, cash flow budgets, solicitation forms, sample letters, loan agreements and press releases, as well as the tools to create a self-administered strategic financial plan. At the heart of the book is the Cash Flow Forecaster, software on a CD that allows users to construct cash flow budgets and a series of annual forecasts, and the Real Estate Calculator, which helps readers plan whether to invest their money in buying their buildings or to invest elsewhere. Readers will receive: The book: A comprehensive guide to implementing cash flow forecasting in any organization The Cash Flow Forecaster software: An Excel-based tool that allows readers to construct a 12-month (or other term) cash flow budget and a series of annual forecasts The Real Estate Calculator software: An Excel-based tool that allows readers to determine when and if it is best to buy property instead of renting. An effective way to attain the working capital needed to achieve their mission and impact. The software will be sold separately as well.
Nonprofits always need money. Many nonprofit professionals are uncomfortable with money management. These two truths lead to one of the biggest challenges nonprofits face: how can they acquire and manage the funds they need to succeed in achieving their missions? In their book The Cash Flow Solution (07879-78337), Richard & Anna Linzer lead readers to a new way of thinking about and working with their money, replacing the standard capital accumulation model with a cash flow-based approach. Let the Cash Flow puts the approach into practice, giving EDs, financial managers, and consultants the tools to revamp the way their organizations handle money. The Linzers show that access to working capital, not an absence of money in the bank, is the real challenge nonprofits face. They show readers how using cash flow budgeting, forecasting, and monitoring, as well as the strategic use of credit, can free up the funds organizations need while providing an effective and safe budgeting and forecasting method. At the heart of the book is the Cash Flow Forecaster, software that walks readers through the forecasting process, allowing users to construct cash flow budgets and a series of annual forecasts, and the Real Estate Forecaster, which helps readers decide whether or not to buy property. This book will revolutionize the way nonprofits handle finance, giving organizations the cash flow and financial freedom they need to achieve their missions.
Controversial Approach Will Garner Media Attention: Authors’ revolutionary new way of handling nonprofit finance challenges conventional thought about money matters, emphasizing risk management and a focus on cash flow and the use of credit. Author Platform: Linzer will use his personal contacts to generate articles in The Chronicle of Philanthropy, The Nonprofit Times, The Nonprofit World as well as The Atlantic Monthly. He appears regularly on Seattle radio and on radio stations across the country to talk about his methods. The book will be promoted to email lists of more than 200,000 names. Invaluable Software The unique cash flow forecaster walks readers through the process of planning their finances the cash flow way. And the Real Estate Forecaster helps readers decide whether to buy property. Solves Biggest Problem Nonprofits Face: Nonprofits always need money and think that the only way to get it is by fundraising. This book shows how a cash flow focus and use of credit can free up much needed cash. Market Seeded by Companion Volume: Let the Cash Flow, the companion volume to Cash Flow Forecasting, will introduce a broad audience to the Linzers’ message and seed the market for the handbook
About the Author
Richard Linzer is a nationally known consultant who works with a wide cross-section of businesses, nonprofit organizations, and government agencies. His revolutionary approach to nonprofit finance has been used by the National Academy of Recording Arts and Sciences, Carnegie Mellon University, Stanford University, the Pew Charitable Trusts, and other prestigious organizations. He is a special consultant to the State of Pennsylvania, ensuring that nonprofits fulfill their fiscal and reporting responsibilities. With nearly 40 years of experience, he specializes in the use of cash flow budgeting and credit by nonprofit organizations. With his coauthor Anna, Richard facilitates retreats, group meetings, and information gathering sessions using the nonprofit financial management publications they have coauthored. Anna Linzer is an award-winning poet and writer who, with Richard, facilitates retreats and sessions on nonprofit financial management, using the publications they have coauthored. Her recent book of fiction, Ghost Dancing (published by St. Martin’s Press), won the American Book Award in 1999.