Every business should project its cash flow at least 90 days into the future.  It should be broken down weekly and should be reviewed and updated weekly.  Microsoft Excel is often an adequate tool for this important weekly report.

Why do so many many business fail to report on this?  There are several reasons, ranging from time and resources to a level of discomfort with trying to predict the future.  The beauty of cash flow forecasting is that if it is done correctly, everything that does not happen according to your forecast becomes an important thing that needs to be understood, followed-up on, and fixed for the future.

In a recent article I wrote for American Express OPEN Forum, I share the  The 5 Secrets of Short-Term Cash Flow Forecasting.  This article will give any business a good start on the steps to getting this report in place and what should be included.