Cash flow forecasting

Also, if you're going to be a successful entrepreneur, you need to know your numbers.

Check out my newly updated Cash Flow Forecasting and Business Plan Writing Program online at bizplanschool.com.

This program teaches entrepreneurs how to build a financial forecast and business plan from the ground up.

It's designed for people starting or buying a business or planning a major expansion.

Which is? They

have to conquer the cash forecasting crisis.

Ah, which brings us back to that staggering statistic from the beginning.

Exactly.

We need to be on top of that.

That's why earlier you mentioned doing Cashflow Forecast monthly.

Personally, I'm an advocate of the weekly.

And I know some people might think, oh, it's a little bit of an overkill, but look, if you do it weekly, you're less likely to make mistakes, especially when we're talking about quite a fast moving environment.

But this was well before I learned about Profit First.

And literally every day I'm updating Cash Forecast.

Because I'm an accounting nerd, so I had a pretty good structure to it.

But I'm just looking at it every day.