Cash is the lifeblood for any business and one can determine the company’s health just by looking at the cash flows. Continue reading “How Much Cash Should a Small Business Have?”
Cash flow is no doubt a vital part of any business especially small ones, but the accurate projections and forecasts of business are something which is needed to get the business moving.
As an owner of a small business, you must be seeking out ways to improve your accounting procedures and also increase the cash flow of your business.
The initial years for any business are very crucial for the long-term success, with many challenges to overcome and lessons to be learned.
Cash Flow forecast is the process of cash income & expense projection. A business must project cash income & expense for smooth business functioning and to be always ready with cash in hand for any unexpected hurdles.
How cool it is to finish up the tidy bit projected accounting for 5 years in just 3 hours??? We made cash flow, balance sheet, P&L for next 5 years in just 3 hours yesterday.