Cafecito & Business Weekly Business Roundtable
Business Week is a magazine that is currently published under the name Bloomberg Businessweek, after a recent merger, and is a publication that is familiar to many people, having been coming to homes and businesses weekly since 1929. Using the previous example, if your total weekly sales revenue is $10,000 and your cost of goods sold is $3,375, your company’s total weekly gross profit is $6,625, or 10,000 minus 3,375. Therefore, it’s my strong belief that weekly cash forecasts are crucial for businesses large and small, healthy or distressed, and across all sectors.
When writing your business plan, conservative financial …