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After reading this article, you will be ready to start applying your knowledge and reach your American Dream of owning a business. A weekly cash flow forecast forces discipline through cash is king” mentality, enhances understanding of customers and suppliers, helps businesses understand the cost of growth, reduces cost of capital, and increases communication with other departments.
Copyright © 1999 – 2019 Business Weekly a division of Cite Publishing Ltd All Rights Reserved. Before I go through the reports in detail, I know that a lot of people don’t like looking at the figures in their business. In order to properly complete the cash flow forecast, the finance team must communicate with colleagues in sales, purchasing, accounts payable, accounts receivable, human resources, etc.
Investor’s Business Daily, a newspaper that for more than 30 years has provided exhaustive information on stocks, mutual funds, and other financial vehicles for individual investors, said …