Cash Flow Projections Made Easy
Date: Tuesday, October 26, 2004 @ 09:25 AM EDT
Topic: Finance and Capital
Managing cash flow is challenging for most small businesses, but for a Unit of 1, it can be what separates those who are successful from those who have to choose another path. So, I am always on the lookout for tips that can help out the members of Unit of 1.
Today I came across a common-sense article on Inc.com that walks through 4 steps to developing a cash flow projection for a small business. The 4 steps are:
1. The near future almost always looks like the recent past.
2. Consider what is changing.
3. Be conservative.
4. Use the "smell test."
Click to read the full article.
Small business expert Andrea Michalek is the managing director of Unit of 1.
Andrea built this service to support micro-business owners. The Unit of 1 website is equal parts business networking, community blog, and
member-contributed, expert articles.
Andrea is a Philadelphia-based technology management consultant.
She specializes in building products and services that make complex technology problems as simple as they should be.
Examples include, PDF converter Fast PDF
and News / RSS engine Topular.
Andrea Michalek
1062 Kingscote Drive - Harleysville, PA 19438
Phone: (215) 280-1805
email: andrea at unitof1 dot com
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