We’re looking at the highs and lows of cash flow forecast templates this week. Learn how to get the best from this simple, annotated cash flow template on Google Sheets or Excel.
Whether you’re starting or you already have a clothing business, one thing which is often overlooked is the financial forecasting aspect of it. In this article I’m going to be covering how to create a cash flow forecast for a clothing business. I’ll cover the key areas with examples of their significance in a clothing business. Then, step by step, I’m going to build a cash flow forecast!
If you’re starting a gardening business, you might be thinking about creating a cash flow forecast. You might even have a successful gardening business, but want to grow (pun not intended) and need a cash flow forecast to help you plan and navigate that growth. If you fit into either of these buckets, then you’ve […]
If you’ve found yourself here, you’re probably starting, or looking at starting a dog walking business. Although many people view their dog walking as a hobby and do it for fun, the reality is, if money is changing hands, it is still a business. Now just because it’s a business, that doesn’t necessarily mean you […]
Cash flow forecasting is an essential part of managing and growing your business successfully. It’s crucial for: Highlighting if you are in danger of running out of cash Planning how you’ll spend money to grow your business Creating 3-5 year financial plans for investors Running what-if scenarios to stress test your business Exploring the impact […]
You’ll be often told that cash flow woes kill small businesses. You’ll see a figure of something like 90% of startups don’t make it past their first year due to cash flow problems. Whilst we think this number is a bit over-exaggerated, it’s impossible to deny that cash flow problems are a major factor in […]
Cash flow problems kill startups, cash is king and cash flow problems are also the direct cause of global warming. OK, that last one wasn’t true. But you’ve probably heard the others before, or similarly dramatic proclamations. With how much is written on the importance of cash flow problems, you’d have thought it’s the cause […]
Ever wondered how a business can be profitable but run out of cash? In this article, we cover what is cash and profit and what it means for the health of your business…with examples!
There are two methods of calculating net cash flows, but which should you use? In this article we draw the differences between the direct and indirect cash flow methods and help you decide which method you should use for your cash flow report.