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The Power of 13-Week Cash Flow Projections and Why You Should Use Them
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Ever found yourself in a cash crunch and wished you'd seen it coming? Learn how to take control of your business finances with a 13-week cash flow projection!
In this episode, we break down the steps to create this powerful forecasting tool that helps you visualize your cash inflows and outflows. By anticipating periods of surplus or shortfall, you'll be ready to negotiate with suppliers, seek short-term financing, and make strategic decisions long before cash issues arise.
We'll walk you through how to track expected cash receipts from sales, investments, and loans, as well as projected outflows for essential expenses like payroll and rent. With practical tips on using reliable historical data and weekly updates, you'll ensure you have enough cash to cover your obligations and manage working capital effectively.
What to listen to next:
Episode 22 - Why Cash Flow is So Important and How to Get It
Episode 34 - Essential Accounts Receivable Strategies to Supercharge Your Business Cash Flow
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Want to discuss anything in this week’s episode? Just send an e-mail to grow@schweiger.cpa. You can also follow us on Instagram and join our community on Facebook for bonus tips to grow your business,.
And be sure to check out our website at www.TESKPod.com for bonus content and other tips to help you grow your business while enjoying the lifestyle you’re entitled to.
Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.
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