Business Studies Recap Day 25 - Cash Flow Forecasts
On day 25 of the year 12 recap, we turn our attention to cash flow forecasts and the importance of cash flow for a business.
“Cash is king” is a well-known phrase used within business to emphasise the importance of ensuring that the cash flow of any business is managed effectively. The cash flow of a business underpins the entire corporate strategy of the firm. If a business fails to manage its cash flow properly it can run into significant problems with its suppliers, staff, creditors and customers.
Here Jacob guides you through the revision slide on cash flow forecasts: