BossAbilities Blog

Videos - Tips - Articles

Welcome to our resource page where you can access videos, articles and tips to help you grow your business. The best part is. . . it's FREE!

Search by keyword or category.  Be sure to subscribe for updates!

Accurate Cashflow Forecast

cashflow Sep 13, 2022

Last month I met with three clients to discuss, among other things, their cashflow – or at least for one of them . . . the lack thereof.

As a business consultant, to meet with a client and NOT ask about their Cashflow would be like you visiting your doctor and NOT being asked how you are feeling!

Cashflow is the lifeblood of any business. A savvy business owner is well advised to get a firm grasp on the concepts and best practices of Cashflow Forecasting.

In this article I will introduce you to our 3-part process for developing an effective and accurate Cashflow Forecast. It involves Activities Planning, Collections Forecasting and finally, Cash Management.

Just to be clear, what I’m referring to in this article is the cash coming into your business, AND the cash going OUT.

When many people first hear about Cashflow Forecasting, their mind immediately races to forecasting sales and collections – which is only a part of the equation – and a small part at that!...

Continue Reading...

50% Complete

You're almost done!

Enter your first name and email address to access our
FREE eBook - Effective Business Strategies.

Whether you're thinking about starting a business,
have recently started, or are well established,
implementing these strategies are sure to get you
BIG results!