Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How can developing a cash flow projection help me manage my business more effectively?

April 26, 2017Business Cash flow developing help manage projection

0

Posted

How can developing a cash flow projection help me manage my business more effectively?

1 Answer

0

Posted

A. Cash flow is the heart of any business – particularly a small business. Having sufficient cash flow to meet the liabilities of your business not only keeps you in the good graces of your suppliers, but also, enables you to grow your business to the next level. By projecting your cash flow needs out over several weeks, you can easily visualize what precautionary steps you need to take in order to meet the upcoming cash flow demands on your business.