Understanding your own companies’ finances is a key component of your company’s success. This financial visibility comes from good record keeping and reporting these records in such a way that a business owner has information to make smarter business decisions.
One of the most important steps to keeping your company’s finances internally visible is by managing cash flow and creating a Cash Flow Forecast. While this may seem basic, studies have shown that 50% of all profitable businesses fail due to the lack of cash and proper cash flow management. In this workshop, you will be provided with templates and assistance with creating a basic cash flow forecast for your business.