How to Create a Cash Flow Forecast
Live webinar
Spreadsheet projections for starting a hypothetical business
Free but registration required.
Are you confused about the meaning of “cash flow” and feeling lost when it comes to how to correctly plan for the launch of a new venture? Any business owner with basic Excel skills can create the spreadsheet necessary to satisfy a lender that you’re competent to execute the opening of your new operation successfully. Will it help to engage an accountant or a business advisor for this task? Perhaps. But it’s more likely that you have information in your head that’s essential to putting the financial plan on paper. So, don’t think this is a project that can be hired out. In fact, if you are wise, you’ll continue to modify and update the spreadsheet as the business begins to gain altitude.
Frederick Welk is a CEDF's Director of Business Development and also serves as a Business Advisor and is responsible for the organization's business education programming. Before joining the organization in 2013, he spent more than 30 years in specialty retailing and franchise development, operating his own company for 23 years. As an adjunct lecturer for CT State Community College, he has taught a variety of entrepreneurship, marketing and accounting application courses.