Cash Flow Forecasts Flashcards
1
Q
What is a cash flow forecast for
A
Spa business can predict when they will need a loan or overdraft and see predicted outcomes of the year
2
Q
What happens to a business if it doesn’t have enough money
A
It will go into receiver ship and the receiver will run the business until money is paid of or he will sell the business
3
Q
What is working capital
A
The money the business can spend and is used to pay day to day expenses
