July 2012
Beginner to intermediate
328 pages
5h 38m
English
Looking in more depth at the impact of changes on cash flow, such as sales volume peaks, smooth growth and how a profitable business can run out of cash.
The budget forecast we set up for Widget Makers Ltd has a flat sales profile – the same volume of sales for each month of the year. This is not of course realistic; most businesses experience volume changes of some sort: they may just be fluctuations above and below a steady annual average, increases through growth, decreases through falling business, or perhaps seasonal variations. Or, during the forecast’s span, a combination of ...