Previous Cash flow statements || Consumer Research || Forecast Predictions || Competition Study
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Why might there be inaccuracies?
Economy may change (PEST) || Change in customer needs || Innacurate market research
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Why Predict Cash Flow?
Can predict worse case senarios || Evidence for any financial issues, can use to show a bank if in need of a loan || Can see if they have TOO much cash - which could be used in an investment
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Why might a firm have cashflow problems?
Not enough money to start the firm correctly || Product is not being bought
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How could a firm improve cash flow?
Get a loan || Use an overdraft || Raise selling price || Cheaper supplier
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Other cards in this set
Card 2
Front
Previous Cash flow statements || Consumer Research || Forecast Predictions || Competition Study
Back
Sources for cash flow forecasting
Card 3
Front
Economy may change (PEST) || Change in customer needs || Innacurate market research
Back
Card 4
Front
Can predict worse case senarios || Evidence for any financial issues, can use to show a bank if in need of a loan || Can see if they have TOO much cash - which could be used in an investment
Back
Card 5
Front
Not enough money to start the firm correctly || Product is not being bought
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