INTERACTIVE VIDEO
OVERVIEW
Do you know how important cash flow forecasting is for entrepreneurs? In this interactive video, we'll explore the critical role of cash flow forecasting in helping businesses avoid cash shortages. We'll follow Barney Simpson, who runs a flying school and produces a cash flow forecast to predict his revenue and expenses throughout the year.
The video emphasizes the importance of cash flow forecasting and highlights how it can help entrepreneurs like Barney be proactive in addressing potential liquidity problems. We'll see how completing a forecast Barney plans to manage his cash flow better by arranging an overdraft with his bank manager.
By following Barney's example, you'll learn how to produce an accurate cash flow forecast, identify potential cash flow problems and take proactive steps to address them.