The Importance of Forecasting

Michael Barbarita • Apr 04, 2022

The rolling business and cash flow forecast is so revealing in terms of understanding the most effective business model you can have, that the business owner can help but begin to develop and implement the right strategies making their business more successful.  Simply put: forecasting gives you the clarity and knowledge to make the best decisions possible.

 

Here are just some of the things that forecasting allows the business owner to know:

 

  • The most effective business model
  • How to gain a competitive advantage
  • What is affordable and what is not 
  • How much cash is needed in advance 
  • Risks and opportunities 
  • How to make good decisions in a timely manner

 

With so many benefits, the cash flow forecast is a powerful and dynamic tool that empowers the business owner to take charge of their business.    Like I always say, you are only one forecast away!


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