A vital tool for your business to maximize performance & manage risk By: Helen Dow, Finance and Accounting Director, Warren Whitney Cash is the fuel of business. Run out of it, and your business engine shuts down, leaving you with a machine that doesn’t work. For something so crucial to the life and success of a business, you would think it would be given more prominence in strategic planning and day-to-day decision-making, especially since important decisions with long-term financial impact are often made. And some of those decisions involve future investments, balloon payments, and contingencies. The best tool to predict and manage cash levels is a Cashflow Forecast. Cashflow Forecasting not only helps prevent disasters but it also improves the speed and confidence in your business decisions. Specifically, this tool will: Improve your cash position by showing you which activities are producing cash. […]

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