What is cash flow forecasting?
BashoffCFO looks at how the business’s owners and CEO understand their cash flow. Are they doing any forecasting of cash flow? Do they know how much money they have at the end of the week? Do they know how much money they will have each month? If it’s November and I ask how much cash we’ll need on December 31st, can they comprehend my question? Do they know the answer?
Most businesses don’t do cash flow forecasting. They sell their goods and services, pay their bills, and pay their expenses, but they don’t know where that leaves them in terms of cash flow.
Together with BashoffCFO, we will perform an in-depth review of the company’s actual cash flow management and assist with its forecasts.
Call 410-952-6767 or contact us today to get started.
