What is a cash flow forecast?
A cash flow forecast is a projection of your business’s future cash inflows and outflows.
It’s a tool that can help you track your financial health and make informed decisions about your business.
Why is it important for small businesses?
Cash flow is one of the most important factors in the success of a small business. If you don’t have enough cash on hand, you may not be able to pay your bills, make payroll, or invest in your business.
A cash flow forecast can help you identify potential cash flow problems early on, so you can take steps to prevent them.
Benefits of creating a cash flow forecast
There are many benefits to creating a cash flow forecast for your small business. Here are a few:
- Helps you track your financial health. A cash flow forecast can help you track your business’s cash inflows and outflows, so you can see how your business is performing financially.
- Identifies potential cash flow problems early on. A cash flow forecast can help you identify potential cash flow problems early on, so you can take steps to prevent them.
- Allows you to make informed decisions about your business. A cash flow forecast can help you make informed decisions about your business, such as when to hire new employees, when to invest in new equipment, or when to take on new debt.
- Attracts investors and lenders. If you’re looking for investors or lenders, a cash flow forecast can be a valuable tool. It can show investors and lenders that you have a solid understanding of your business’s finances and that you’re a good investment.
Download your copy today and start forecasting your cash flow like a pro!
What you will receive
- 1 Excel Workbook (File) in latest .(xlsx) format
*** THIS IS A FREE DIGITAL PRODUCT ***
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