is a positive cash flow".
The financial part
of your business plan will need to include a cash flow projection.
This simply means a forecast of the amount of money that will
be flowing in and out of your business.
businesses get into trouble through poor control of cash flow
or under estimating their capital requirements. To maintain a
healthy cash flow, you need to have tight control over your operating
expenses and overheads, both fixed and variable, plus your level
of stock, the collection of your debtors and your profitability.
The best way to control these factors, is to budget for them and
constantly monitor and review the results.
Secrets for your Small Business contains a detailed section
on how to project your cash flow and for your convenience - here
is a link where you can download blank cash flow forms and print
them out. Alternatively, you might like to consider purchasing
one of our BUSINESS PLANNING KITS which
includes Microsoft Word® documents and Excel® spread sheets
you can use as templates.
to download your FREE blank cash flow planning forms:
below to download a FREE sample cash flow form: