If there’s one big factor in a startup’s demise, it’s cash flow problems.
With plenty of small businesses failing, you’ll be thinking how a cash flow forecast can be useful for small businesses, right? Well, it’s pretty useful.
There are two major components of risks: the likelihood of something going wrong and the repercussions if it does.
Similar to starting any business, learning how to kick-start an e-commerce venture is a little challenging. However, launching, setting up, and maintaining websites where creators, designers, and entrepreneurs can sell their wares is a lot more attainable now than ever.
Here’s a basic guide to creating a financial model. I will cut through the jargon to help you understand how to prepare a financial model for your business.
