An article from Smart Company
You may find the financial and numbers side of your business confusing, but ignoring them could be fatal. Winging it isn’t really an option if you want to be around for the long term: only 58% of businesses survive more than three years.
Even high profitable companies can go bust if there’s no cash to pay the bills so learning to plan your cash is essential.
So where do you start if numbers give you a headache? In my Smart Company article, I look at why you need to start looking at cash before profit, and the steps to creating a cash flow forecast. Jump over and have a read ….