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What Will Your Cash Bala

What Will Your Cash Balance Be Six Months From Now?

by Philip Campbell, CPA

Copyright 2003, Philip Campbell - All Rights Reserved

What do you expect your cash balance to be six months from now?

This one question will transform the way you manage your business.

It will reveal to you whether you are managing your business or whether your business is managing you.  And there is a huge difference between the two.

When you know the answer to this question, you can rest assured you are in control of your cash flow.  You are free to focus on what you do best – growing your business and making more money. 

When you answer this question with “I don’t know”, then you are headed down a path that could lead to the failure of your business.  You absolutely, positively cannot run a business and not know where you expect the cash balance to be.

You will end up wasting your valuable time worrying and stewing over what may or may not happen.

Remember, Cash Is King, because No Cash = No Business.

If the cash ever runs out, then the entire business goes down the drain.  Cash is the lifeblood of your business.  You need to know what it is now and what you expect it to be six months from now – period.

 The Peace of Mind Schedule

The key to answering this question is having a monthly cash flow projection for your business.  A schedule that shows your projected revenues and expenses in the context of your beginning and ending cash flow for each month.

I can’t stress enough how critical this is to really taking control of your business… and your cash flow.

I have been using a cash flow projection schedule since 1991.

I call this schedule the Peace of Mind schedule.  It presents the cash flow of the business in a way that makes it crystal clear where the money is going and where I expect the cash balance to be six months from now. 

The schedule shows projected revenues and expenses in the context of the beginning and ending cash balances.  Each month is presented next to each other so the actual cash balances for previous months are shown next to the expected cash balances for the coming months.

It’s the perfect tool for clearly showing what’s going on with your cash balance.  It presents the cash flow of your business in a way that is simple to understand and easy to use. 

If you would like to see the Peace of Mind schedule and how it works, you can get a FREE Special Report "The Secret to Creating Cash Flow Projections You Can Trust".

Click Here to get your copy of this Special Report - FREE.

I would never be without the Peace of Mind schedule.

Neither should you!

It’s the key to regaining control of the financial side of your business.


About Philip Campbell
Philip Campbell is a CPA and the author of the book: “NEVER RUN OUT OF CASH, The 10 Cash Flow Rules You Can't Afford to Ignore”.  Philip has helped hundreds of business owners take control of their cash flow.  He shows you how to eliminate your cash flow worries and take control of your business.  Is your cash flow under control?  You can download his new Special Report "The Secret to Creating Cash Flow Projections You Can Trust" FREE Right Now. Click Here to get your copy NOW.