Up Your Cash Flow Budgeting & cash flow forecasting software
Phone number 310-387-5403 Pacific
  • Home
  • Products
    • Up Your Cash Flow >
      • Product Features
      • Benefits
      • Sample Reports
    • Advisor Services
    • Free-Books To Download
  • Store
  • Support
    • Update Your File
    • How The Program Works
    • Benefits
    • Help Files
    • FAQ's
    • Contact Us
  • Company
    • About Us
    • Contact Us
    • Testimonials
    • Blog
  • Articles
    • Making More Money Helping Your Clients
    • Let's Begin The Forecasting Process
    • The Profit And Loss Forecast-Step 1
    • The Profit And Loss Forecast-Step 2
    • The Profit And Loss Forecast-Step 3
    • AP-AR Turnover Ratio
    • Inventory Turnover Ratio
    • Net Income To Net Sales Ratio
    • Net Income To Equity Ratio
    • Debt To Equity Ratio
    • Why Plan
    • Tough Blog
    • Importance Of The Balance Sheet
    • Business Financial planning A must
  • Blog
  • Business Planning Series
    • 1. Whose Business Is It, Anyway?
    • 2. How to Identify and Monitor the Key Financial Elements of Your Company
    • 3. Kill The Budget
    • 4. How to Foresee And Predict Your Financial Future
    • 5. The Dynamic Financial Planning Process
    • 6. Developing The Forecast
    • 7. Expenses
    • 8. The Cash Flow Forecast
    • 9. What Do You Do with Your Forecast Now That You Have One?
    • 10. In Summary
    • 11. What Do All the Numbers
    • 12. The Business Plan: We Must Plan For The Future
    • 13. Personal Planning Is a Must
    • 14. A Matter Of Minutes >
      • 15. A Final Word
  • Advisor Services
  • Special ADP Video On Planning
  • Library
Cash Flow Forecasting Software

A number of years ago I started a software company that developed a specialized cash flow forecasting and Business Budgeting Software program designed to help management forecast future financial activities by predicting profit or loss, and cash flow of their business. The main premise of the program was to provide an understanding of how long cash will last and if a profit will be made. Having this information would provide management sufficient time to secure funds to keep the business running if cash was becoming scarce.
I started my company with about $200,000. I knew it would be more than enough to get the company into a profitable position. After several months the burn rate of cash was far beyond my expectations. I was just about out of money. My resources were tapped out. It was a nightmare. What made it worse was I was the managing partner of a very successful CPA firm in Southern California . We had never had a cash flow problem and had never run out of money. Here I was having a new experience…the pain of running out of money. It was awful. The anxiety was beyond anything I had ever felt during my business career. I knew it was just days before my dream was to end.
Have you guessed it yet? I developed a cash flow software program designed to predict profit and cash flow, and I hadn’t used it for my own business.  Here I was a CPA telling people how important it is to predict profitability and cash flow and not following my own advice. Shame, shame on me for not practicing what I have preached for so many years.
I immediately jumped out of bed, threw on some jeans and headed for my laptop. I needed to get a handle on just how long the little cash I had would last. I entered my assumptions, crunched the numbers…and was shocked to discover that the disaster I was sure of was at least three months away. Suddenly, there was no more anxiety; I had some time left to fulfill my dream. Best of all, I had the time to do what was needed to get the resources and keep the company going.
So now, by my own experience, I discovered sleepless nights are not unusual. In fact, they are all-too-common. Whenever I ask entrepreneurs if they have ever had a cash flow nightmare as I described, I get a resounding yes

Copyright GoHagIt,Inc, Granville Software 2015,2016

Cash Flow Forecasting Software
| Business Budgeting Software | Business Budget Forecasting | Budgeting and Forecasting Software
 Financial Budgeting Software |  Business Budgeting | Cash Flow Analysis

.