CHAPTER 16

Numbers Crunching

Fun With Figures

Highlights

Budgeting and forecasting: You either hate or fear it, but you know how important it is as part of determining your business’ viability. These may be the most tedious but important components of your planning and will most certainly be some of the key deciding factors when you reach your “go/no go” decision intersection.

Just plod on and do it.

Anticipating your future needs, spending, profits, and cash flow reveals where you are going and what to expect when you get there. Fewer surprises are a good thing.

Budgeting is often referred to as setting out a roadmap in numbers. Before you can make money, you have to figure out how you will spend it. It may also let you spot problems before ...

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