Advanced Certificate in Coffee Shop Cash Flow Management

• Financial Planning: This unit will cover the development of financial plans and budgets for a coffee shop, including forecasting revenue and expenses, and setting financial goals.

• Cash Flow Management: In this unit, students will learn how to manage and analyze cash flow, including understanding the difference between profit and cash, and the importance of maintaining a positive cash balance.

• Cost Control: This unit will focus on strategies for controlling costs in a coffee shop, including cost of goods sold, labor costs, and overhead costs.

• Inventory Management: Students will learn about inventory management techniques, including tracking inventory levels, ordering and receiving inventory, and reducing shrinkage.

• Pricing Strategies: This unit will cover different pricing strategies that can be used in a coffee shop, including cost-plus pricing, competitive pricing, and value-based pricing.

• Sales Analysis: In this unit, students will learn how to analyze sales data, including tracking sales trends, identifying best-selling products, and measuring the effectiveness of promotions.

• Break-even Analysis: This unit will focus on using break-even analysis to determine the minimum sales needed to cover fixed and variable costs, and to make pricing decisions.

• Financial Statements: Students will learn how to read and interpret financial statements, including income statements, balance sheets, and cash flow statements.

• Capital Expenditures: This unit will cover the process of making capital expenditure decisions, including evaluating the costs and benefits of investments in equipment and other long-term assets.