How cash flow planning can benefit your business
Developing a cash flow plan is key to running any successful farm and should be an essential part of your business plan. This guide will show you how scenario planning provides valuable insights, helps measure your progress and gives you a clear financial picture.
Learn how managing cash flow
- gives you the information to take on new marketing opportunities and make informed purchases
- helps you focus on business expansion and track your progress towards future goals
- maximizes your lender relationship
What is cash flow, and how can you use it to make the best farm management decisions?
Learn how to calculate your operation's liquidity, solvency and profitability - three measurements that will help you evaluate your financial situation.
Keeping a sharp eye on cash flow is important year-round, but the importance heightens during the spring.