Next week’s From the Business Leaders is Thursday, Nov 9, 2017, with Doug Howard of Remodelers Advantage
Importance of Forecasting Cash Flow
Join Doug Howard, experienced leader, entrepreneur, government official and small business consultant with over 25 years of success in leading organizations, starting new organizations and assisting client companies as they start-up or grow.
Suppose you were on a road trip – progressing on your route, making good time, excited about the prospects of reaching your destination. How disruptive would it be to run out of gas?
In business, especially a growing business, it can be the same thing when a company runs out of cash. And that’s what makes it so important to forecast flow.
Learn some best practices for predicting cash flow, understanding how to monitor it on a weekly basis; ways to improve cash flow and what to do if it looks like you might run out! Work with the tools and templates designed to get you the right information when it’s most needed and both the short-term and long-term solutions to get your business back on track!