Sir, you need to make payment of 1.7 lakhs today
Upon hearing this Ramesh fumbled his cup of coffee
Ramesh was having a nice time with family.. until his accountant called
He opened his bank account and was quite relieved to see the balance of 2.1 lakhs
This was not the first time it happened, it was the third time
He was furious at his accountant
Something needs to be changed
He called up his trusted advisor Sanjay
He told ” Sanjay you need to help me”
I am tired of being reactive in business
“What can be done” he asked desperately
Then he went on to elaborate the situation to Sanjay
Sanjay spoke ” Most of the issues are related to planning of cash flow, You need to proactively manage it”
One of the best ways to handle this is to prepare projected cash flow statement
You can start by forecasting cash flow requirement for next one month
This way you will know how much money you will have at any point of time
Whats the message?
Always plan the cash flow requirements in advance.
This way you can proactively manage your business
At Soatech, we provide Virtual CFO services
through which you can manage cash-flow proactively
Would you like to know more about this service
Please fill the form below
[vc_column width=”1/3″][contact-form-7 id=”3406″][/vc_column][vc_column]