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Trying to raise funds for your Business can be exciting and daunting in equal measure. On the one hand, a successful application means business growth and a promising future, on the other, rejection can mean setbacks, leaving you feeling dejected and your business in limbo. Raising Capital can take many forms, including straight forward bank … Read more
Cash is king. Even in business. A cash flow forecast can make or break your business. With a solid forecast, you’re in control, able to make informed decisions about the immediate, mid and long term future, based on predictions that will help you spot new opportunities and pitfalls. A good cash flow is vital for … Read more
Two types of cashflow forecast There is sometimes confusion about what a cashflow forecast is trying to achieve. There are two types: a short term weekly cash flow forecast, looking around twelve weeks ahead and then a longer term, monthly forecast, generally projecting over one to three years. Weekly Forecast A weekly or daily cash … Read more
A cashflow forecast is different to a profit forecast. Understanding the difference can be the difference between success and failure in a business. You can make a profit but loose cash. You can be generating cash but not be making a profit. Why just a cashflow forecast or just a profit forecast is incomplete Let’s … Read more