Archive for December 2015
Non-Crisis Cash Flow Forecasting & Planning
Cash flow forecasting and planning is perhaps the most important aspect of running a business, yet most small and medium sized businesses neglect this critical task. Inevitably, cash flow crises will develop, causing unnecessary business risk, not to mention owner indigestion. At B2B CFO®, we do all we can to help our business owners avoid this…
Read MoreDon’t Say the “B” Word…
Oh no, it’s the dreaded “B” word. Ok, let’s just come out and say it. BUDGET! But before all the negative thoughts emerge, substitute the word “Profit Plan” for budget. Then extend the exercise into 3 years, making this document into the “Forecast.” The first year of the Forecast becomes the 2016 Budget, or more…
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