Business Forecasting, Profitability & Cash Flow Management
Business Forecasting, Profitability & Cash Flow Management
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Date
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Ondigo, Herick
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Abstract
There are two main tools that you will use in forecasting
Profitability Budget
Monthly Cash flow forecast
The Profitability Budget assesses the overall profitability of a proposed enterprise and therefore what level of costs can be incurred
The Monthly Cash flow forecast attempts to predict the effect on the farms bank or cash balance over the months or year(s)
