As the name suggests, creating a cash flow forecast simply involves forecasting how much money will be coming into the business and when, and how much money will be going out of the business and when.
Cash flow forecasting is one of the most important skills for any business owner. Poor cash flow is one of the major causes of business failure, so being able to accurately forecast your cash flow will help you to avoid problems that could put you out of business. It will help you make key decisions and run your business more effectively.
Therefore a cash flow forecast is in essence a cashbook that projects you or your business’s income and outgoings for any given period in the future.
For each period, it lists:
The Salon Business Coach Salon Cash flow Forecast Calculator is presented as a spreadsheet and we recommend you work with your salon business coach in conjunction with your accountant or bookkeeper to ensure greater accuracy.
A cash flow forecast is only as valuable as the information and detail you put into it.Malcolm Gibbons – Salon Business Coach
Forecasting when money will come in and out will help you plan for the future. Being able to predict peaks and troughs helps you avoid financial difficulties.
It’s also a vital business planning tool. Forecasting will keep your finger on the pulse of your business.
Your forecast will help you plan strategic activities — and highlight if you need to step up sales, minimise costs or get more funding.
You can use your forecast to:
I created this course to help salon owners understand how to manage their business costs and predict their future profits.Malcolm Gibbons – Salon Business Coach
The salon business coach cash flow forecast program offers the easiest and best way to complete your salon cash flow forecast.
Your coach will assist with competing your template and equip you with the knowledge and tools to predict your cash flow over the next 12 months along with many ideas to implement to maximise your profit whilst minimising your expenses.
You can use your template to run various scenarios depending on what you wish to do with your salon throughout the year. An example might be what impact would taking on an apprentice mean to your cash flow and business or another senior added to the team, your cash flow template can be used for these types of predictions.
Total Price: $395.00 + GST
email: Here to arrange or call Malcolm on 021 210 8950.
I’ve poured time, money and creativity into this brilliant mini course and templates and I fully guarantee it.
Here’s the deal: If you think the Cash Flow Course you have bought is not of an acceptable standard, or is not fit for purpose, or doesn’t match my description, let me know as soon as possible.
Provided you contact me within 20 days, I’ll return your money in full, straight away. Is that a deal? Then let’s shake on it!
I want you to succeed! I want you to invest in your own professional development and reap the benefits in your salon. That’s why I’m happy to take all the financial risk on your behalf.