Cash Flow Forecast
Why write a cash flow forecast?
Very simply cash is the most important element of a business. Without it , or access to it your business would fail.
It
is not the same as a profit and loss sheet in fact it is possible for
your company to be trading at a profit whilst at the same time having
no cash.
So why do it?
You
will need to test your plans using assumed sales and costs to see if
you need an overdraft, business loan or just the amount of your own
cash to see your business through its first year.
