As leaders across the world work continuously to combat the ongoing COVID-19 pandemic, so must business owners of all sizes, industries, and geographic locations. Throughout 2020, the business world and global economy has swiftly transitioned from a period of growth to that of great operational and informational uncertainty.
For many business owners and organizational leaders, cash flow forecasting is a tool used to understand cash flexibility, evaluate liquidity, and identify risks.
Cash flow models are useful in the current economic environment. Having a cash burn analysis allows businesses to understand worst-case-scenario outcomes and plan strategically. Some examples of what canRead More