Value of a cash flow forecast

A cash flow forecast is an estimated of the amount of money expected to flow in and out of your business,and it includes all your projected income and expenditures.it is expected to cover the twelve months of the year . A

A cash flow forecast is the major key in running a successful small business. Smart cash flow management will help to ensure that your business runs nicely.it is the insight that gives you the ability to stay on top of your financial health

Generally,most new small businesses will experience variations in cash flow at some stage as their business grows.
To help manage this process ,use a cash flow forecast template to assist with determining money flowing in and out of your business and to identify and approaching cash flow issue

MAKING BETTER DECISION WITH A CASH FLOW FORECAST
A cash flow forecast will help you to make a better decisions example-
1, identify if you need a small business loan or line of credit
2, predict and deal with upcoming cash surpluses or shortage
3,target new equipment purchases
4, plan how to meet your tax obligations

Cash flow forecast can also help you to know the effect of an upcoming business change or decision
If you considering hiring a new employee, for instance can add the additional salary and related costs into your forecast .the new balance you will discover in your cash flow forecast will help you to know whether hiring the new employee will strengthen your business

It will help you to know including best,worst and most likely case scenarios .,allows you to see how your business will face if you suddenly hit tough times or better than expected trading conditions

By the team

Comments

Tips to get USA visa for Nigerians

Lots of nigerians if not millions of Nigerians has this going to America in back of their minds, if not that sometimes it seems impossible mission for many . Comrades ,yes going to USA seems impossible but its one of the best country/embassy you can go and get your visa without much stress,I said without much stress because American Embassy is real ,accessible and listens . They're strict yes but simple if you can afford their requirements ,do you know that the bank statements,the CEO of the company's sponsorship letter that you brought along to the embassy are not been looked on by the Embassy's interviewers ? The USA embassy do no entertain too much drama,they are psychologists who monitors your body language and decide whether or not to grant you visa most times without crosschecking your documents. So some of these few tips can help you to go about your USA visa and complete your dreams My story as a young Nigeria traveller :

Officially,Linda Ikeji is single again

According to news from @officiallindaikeji blog and Instagram,she is no more in relationship with the supposed husband The picture was posted this morning from Linda Ikeji where she shared a picture of her cute baby Jayce and herself and at the second line where she shared the bomb news..., according to her,Sholaye Jeremi ,a Nigerian billionaire she met in a restaurant in ikoye Lagos last 3 yesrs,2015 to be precise is the father of her son ,but as thihst stands ,they re no more together whcoh according to her was because yhe said dad of the her son was not comfortable with the fact that Linda is a public figure and as that' stands ,may affect his personal life According to the news In Linda ikejis blog,both partners were happy to receive the good news of the her pregnancy and plans were on the way for traditional marriage which later did not yeild fruits She said ,the said hubby to be ,dad to Cute Jayce started acting funny,stopped calling her ,sent message that l

Hard work

You can make some money accidentally,but you can't become wealthy by just that Wealth always come by hardwork

newkentob

Search This Blog