Reason #9 Why You Should Do Business Projections
May 25, 2021 by Roger Scherping in projections, cash, Cash Flow
Roger recently appeared on the Small Small Business (SSB) podcast. Learn how SSB helps small businesses here. Roger discussed 10 reasons why you should do business projections. Here’s reason number nine. Roger Scherping: OK, number nine on my list is: Project your cash balance. I don’t think there’s a financial metric that’s more important than your cash balance. I think it’s more important than sales or profits. If you don’t have cash, your vendors don’t get paid, or you miss a payroll, and ... [continue reading]