We all put together a business plan for the forthcoming year, don’t we!!
It is surprising how many businesses don’t do one at all & at a recent networking meeting I took a ‘straw poll’. The result was only about 20% of 24 people.
In preparing the potential cash flow for the year, the first line titled – ‘Sales’, but how did you get to the figures you entered?
A lot of people will have taken last year’s figures added a percentage for inflation and/or possible growth and entered them.
The question I am posing is – What use are they? Continue reading →