{"id":8629,"date":"2021-06-17T16:57:35","date_gmt":"2021-06-17T20:57:35","guid":{"rendered":"https:\/\/gagne-associates.com\/?p=8629"},"modified":"2021-11-11T10:25:25","modified_gmt":"2021-11-11T15:25:25","slug":"the-pros-of-cash-flow-forecasting","status":"publish","type":"post","link":"https:\/\/gagne-associates.com\/the-pros-of-cash-flow-forecasting\/","title":{"rendered":"The pros of cash flow forecasting"},"content":{"rendered":"<p>Cash flow management is the most important aspect of any business\u2014big or small. Maintaining a healthy cash flow ensures that a business can pay common expenses such as salaries, utilities and taxes while also having funds to put toward growth and business expansion. Maintaining a clear picture of your cash flow at all times is critical to business success, as is mastering cash flow forecasting.<\/p>\n<p>Effectively forecasting future cash flow enables business owners to predict cash shortages or surpluses. This information can then be used to make smart, informed business decisions, such as whether to hire new employees, invest in significant purchases or cut back expenses in certain areas.\u00a0<\/p>\n<p>Consider a few top pros of cash flow forecasting for your business:<\/p>\n<ul>\n<li>Provides foresight into organizational earnings\u2014When you add up the sums expected from every revenue stream and compare to total liabilities, it provides highly useful data about future earnings.<\/li>\n<li>Allows for planning of significant purchases\u2014Another advantage of the cash flow forecast is that it can help an organization predict whether a large expenditure can occur without creating too much risk to the company\u2019s financial health.<\/li>\n<li>Helps keep spending in check\u2014Reviewing the cash flow forecast arms decision makers with the data required to ensure the business meets its revenue goals. If a business is at risk of not meeting revenue targets, adjustments in spending can be made earlier on.<\/li>\n<li>Offers investors an overview of financial health\u2014Some investors will use cash flow forecasts as a tool to determine the financial health of an organization. With more clarity about the future, investors can take early action to generate desired results.<\/li>\n<\/ul>\n<p>The importance of cash flow management cannot be overstated. Forecasting cash flow effectively takes dedication and precision, so be sure to put in the time necessary to ensure the ongoing health of your business.<\/p>\n<p><strong>Need help with cash flow forecasting? <\/strong>Contact us today! Simply navigate to our <a href=\"https:\/\/gagne-associates.com\/contact\/\" data-type=\"URL\" data-id=\"https:\/\/gagne-associates.com\/contact\/\">CONTACT<\/a> page and complete the brief form. We are here to help.<\/p>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cash flow management is the most important aspect of any business\u2014big or small&#8230;<\/p>\n","protected":false},"author":2,"featured_media":6810,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The pros of cash flow forecasting - Gagne Associates<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gagne-associates.com\/the-pros-of-cash-flow-forecasting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The pros of cash flow forecasting - Gagne Associates\" \/>\n<meta property=\"og:description\" content=\"Cash flow management is the most important aspect of any business\u2014big or small...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gagne-associates.com\/the-pros-of-cash-flow-forecasting\/\" \/>\n<meta property=\"og:site_name\" content=\"Gagne Associates\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-17T20:57:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-11T15:25:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gagne-associates.com\/wp-content\/uploads\/2021\/02\/pcdggex9-ja-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1629\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gagne Associates\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gagne Associates\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gagne-associates.com\/the-pros-of-cash-flow-forecasting\/\",\"url\":\"https:\/\/gagne-associates.com\/the-pros-of-cash-flow-forecasting\/\",\"name\":\"The pros of cash flow forecasting - Gagne Associates\",\"isPartOf\":{\"@id\":\"https:\/\/gagne-associates.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/gagne-associates.com\/the-pros-of-cash-flow-forecasting\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/gagne-associates.com\/the-pros-of-cash-flow-forecasting\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/gagne-associates.com\/wp-content\/uploads\/2021\/02\/pcdggex9-ja-scaled.jpg\",\"datePublished\":\"2021-06-17T20:57:35+00:00\",\"dateModified\":\"2021-11-11T15:25:25+00:00\",\"author\":{\"@id\":\"https:\/\/gagne-associates.com\/#\/schema\/person\/b10489aff5374a9204ecadbe1530cde6\"},\"breadcrumb\":{\"@id\":\"https:\/\/gagne-associates.com\/the-pros-of-cash-flow-forecasting\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gagne-associates.com\/the-pros-of-cash-flow-forecasting\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/gagne-associates.com\/the-pros-of-cash-flow-forecasting\/#primaryimage\",\"url\":\"https:\/\/gagne-associates.com\/wp-content\/uploads\/2021\/02\/pcdggex9-ja-scaled.jpg\",\"contentUrl\":\"https:\/\/gagne-associates.com\/wp-content\/uploads\/2021\/02\/pcdggex9-ja-scaled.jpg\",\"width\":2560,\"height\":1629,\"caption\":\"white and black abstract illustration\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/gagne-associates.com\/the-pros-of-cash-flow-forecasting\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/gagne-associates.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The pros of cash flow forecasting\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gagne-associates.com\/#website\",\"url\":\"https:\/\/gagne-associates.com\/\",\"name\":\"Gagne Associates\",\"description\":\"Certified Public Accountant &amp; 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