cash flow forecasting
Like a crystal ball for business, cash flow forecasting can help you see your company's future. We admit, this is not magic, it will not allow you to see in detail and anticipate every specific future obstacle your business might encounter along the path to success.
A cash flow forecast, however, will help you understand whether or not your business has the capital it needs to expand. In addition, it will prepare you for future emergencies and unexpected expenses, help you anticipate periods when cash on hand will be tight, and make you feel confident in knowing your business will be able to tackle any fiscal challenges which lie in wait.
A cash flow forecast, sometimes referred to as a cash flow projection is usually a simple spreadsheet. But it’s not an ordinary spreadsheet: a cash flow forecast spreadsheet helps you predict your company's future cash flow position.
Read GrowthForce president and CEO Stephen King's take HERE.