Building a cash flow forecast can help businesses plan their cash needs and ensure they have enough liquidity to cover their expenses.
Make worthwhile and lasting change in your business that inspires people, delivers results and improves systems.
Make worthwhile and lasting change in your business that inspires people, delivers results and improves systems.
All in BUDGETING
Building a cash flow forecast can help businesses plan their cash needs and ensure they have enough liquidity to cover their expenses.
The CFO role has never been so important. Companies are navigating uncertain territory and having a strong CFO that can manage the nuts and bolts of finance and help navigate the commercial as well is instrumental to how companies navigate this period.
The concept of budget and forecast was simple ….
Using prior year information and overlaying assumptions, historical changes, investments etc to deliver a new set up numbers for the upcoming year or years. Shareholders wanted to see an improvement and so as long as the percentage changes were going the right way then you were normally ok.