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17 May 2008


It's over two years ago since I wrote this blog and sadly no one has commented.

I think this is strange given the importance of cash for companies in a recession.

And is you are going to succeed in managing cash, you need a cash flow forecast to show you what is likely to happen and to challenge you to close and cash gaps by:

bringing cash receipts forward
delaying cash payments
introducing new cash into the business as extra share capital or loans from the owners, friends and family or the banks.

I cover cash management and cash flow forecasting in Pillar 1 of the Eight Pillars of Business Prosperity, my business development program I use in my coaching.

You can also gain access to the training in http://YourProfitClub.co.uk, my membership site for small businesses designed to help you double your profit in 12 months.

While I talk profit, I urge you to also think cash - remember profit is sanity but cash is reality.

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