Category: Growing your business

What are the benefits of using cash flow forecasting?


Whether you like it or not, cash flow forecasting is a vital part of the decision making process for any business. Using cash flow forecasts in conjunction with a business plan provides for better decision making and helps with planning for growth. Planning for the future helps to remove some of the risks associated with running a business. Whilst it’s impossible to predict the future with certainty, by preparing forecasts at least prepares you for most eventualities.