Prepare a cashflow forecast for your business
$770
Delivery in
3 days
- Views 401
Amount of days required to complete work for this Offer as set by the freelancer.
Rating of the Offer as calculated from other buyers' reviews.
Average time for the freelancer to first reply on the workstream after purchase or contact on this Offer.
Explore the marketplace!
What you get with this Offer
A cashflow forecast can be an important business planning tool and is often requested by lenders.
Cash flow forecasting is important because it can:
• advance—think of the cash flow forecast as an "early warning system". This is, by far, the most important reason for a cash flow forecast.
• Make sure that the business can afford to pay suppliers and employees. Suppliers who don't get paid will soon stop supplying the business; it is even worse if employees are not paid on time.
• Spot problems with customer payments—preparing the forecast encourages the business to look at how quickly customers are paying their debts.
• As an important discipline of financial planning—the cash flow forecast is an important management process, similar to preparing business budgets.
• External stakeholders such as banks may require a regular forecast. Certainly, if the business has a bank loan, the bank will want to look at the cash flow forecast at regular intervals.
Cash flow forecasting is important because it can:
• advance—think of the cash flow forecast as an "early warning system". This is, by far, the most important reason for a cash flow forecast.
• Make sure that the business can afford to pay suppliers and employees. Suppliers who don't get paid will soon stop supplying the business; it is even worse if employees are not paid on time.
• Spot problems with customer payments—preparing the forecast encourages the business to look at how quickly customers are paying their debts.
• As an important discipline of financial planning—the cash flow forecast is an important management process, similar to preparing business budgets.
• External stakeholders such as banks may require a regular forecast. Certainly, if the business has a bank loan, the bank will want to look at the cash flow forecast at regular intervals.
Get more with Offer Add-ons
-
I can deliver all work in 1 working day
+$187
What the Freelancer needs to start the work
A copy of the last set of accounts and workings
A note of any expectant outgoings/income for the next year
I may ask questions/make assumptions after the initial information has been received
We collect cookies to enable the proper functioning and security of our website, and to enhance your experience. By clicking on 'Accept All Cookies', you consent to the use of these cookies. You can change your 'Cookies Settings' at any time. For more information, please read ourCookie Policy
Cookie Settings
Accept All Cookies