Whenever we're going on holiday or have plans for the weekend, we always check the weather forecast so we can plan accordingly.
It’s no different in business. The forecast tells us if there’s bad weather (such as poor cashflow) in store based on the direction we’re heading.
Your forecast will tell you:
The difference between a business forecast and a weather forecast is that, when the business forecast is showing bad weather, you can do something about it to make the sun come out. The forecast will tell you what’s going well and what’s not, so you can make adjustments to reduce the impact of bad weather.
“Planning is bringing the future into the present so that you can do something about it now.” - Alan Lakein, best selling author of How to Get Control of Your Time and Your Life
Just as you wouldn’t go hiking without checking the forecast, you shouldn’t run your business without an annual forecast. So, don’t live in your raincoat, waiting to get soaked - take control and talk to us about getting your forecast done so you know what to expect.
Contact your WDF team member if you would like to discuss further how we can help you. Phone 02 6921 5444 or email accountants@wdf.com.au
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