Prepare cash flow forecast to avoid tight financial position
If you have a feeling that your financial position is going to get tighter, and you think you may be under pressure towards the end of the year, it might be worthwhile to prepare a cash flow forecast.
A cash-flow forecast is not rocket science and you don’t even need a computer. The important thing is that it is done right, in order that your cashflow forecast mirrors what your actual position will be.
