CASH FLOW PROJECTIONS/BUSINESS PLANS
Cashflow projections are one of the most important management reports as it shows how cash is expected to flow in and out of the business and how much capital investment your business needs.
Equally, a good business idea needs a good business plan with sound financial information and a strategy to make the idea become a reality.
Most start-up businesses will need funding and a business plan & cash flow projection not only allows you to see if the idea can be profitable and sustainable but also allows a bank or any other lending provider to understand your idea and how the business will shape itself.
These reports are typically required by lenders when you want to borrow money and can assist in the successful running of your business.