How to Create a Cash Flow Forecast

How to create a cash flow forecast: learn how to create and manage this valuable tool, to help you track your cash movement

Are you a small business owner or finance manager, who is ultimately responsible for financial management within your organisation? Are you keen to elevate your cash flow forecasting knowledge to help safeguard the financial health and future prosperity of your business? If you are, this session is particularly important right now and is not to be missed.

A healthy and well-managed cash flow is the lifeblood of pretty much every commercial organisation – particularly new start-ups and SMEs. Managing cash effectively should always be a key priority, but especially during challenging and unpredictable trading conditions.

One of the key tools in cash management is a forward-looking cash flow forecast. It's an essential tool for business planning, helping predict bumps in the road and empowering business owners and finance managers to take timely action. While creating and maintaining a forecast sounds potentially complex for a small business, with a little knowledge it doesn't have to be – this session will take you through the steps to getting started with relative ease.

Who should attend this session?

This session is aimed at SMEs and is ideal for business owners and finance managers, who are responsible for cash management and would like to improve the financial performance of their businesses.

What will we cover?

• Understanding why every business needs a cash flow forecast.
• Looking at how a cash flow forecast differs from a profit and loss forecast.
• Taking steps to build a cash flow forecast, using a real-life small business case study.
• Exploring the software available to help build a forecast.
• Using your forecast to help you decide on the right actions for your business.

What outcomes can you expect from joining us?

After attending this session, you will be better equipped to:

• Create and use a forecast for your business.
• Predict, track and manage cash movements, to keep your organisation financially buoyant.
• Maintain financial stability to support resilience and future growth.

Who'll be presenting this session?

This business-essential session is presented by Alice Davidchack, an experienced Chartered Management Accountant and a Business Coach. She works with business owners throughout the UK, helping them to develop robust financial strategies and create business models that work. Alice coaches on all aspects of business finance planning and accounting, including cash flow management, budgeting and forecasting.

This presentation is delivered in partnership with Business Gateway Growth Hub and Business Engine Room and is part-funded by the European Regional Development Fund. Places are limited and priority will be given to trading SMEs based in Leicester and Leicestershire.