Pre-Planning Worksheets

Pre-Planning Worksheets

Because the banknote breeze annual deals with banknote arrival and banknote outflow, the aboriginal footfall in

planning can be best able by advancing two worksheets.

1. Banknote to be Paid Out: Banknote abounding out of your business. (See pages 132-133)

This worksheet abstracts the banknote abounding out of your business. It identifies

categories of costs and obligations and the projected bulk of banknote bare in

each category. You may ambition to access this assignment by accumulation several individual

budgets (inventory purchases, absolute expenses, authoritative expenses, buyer draws,

etc.)

These expenditures are not consistently accessible to estimate. If castigation is a new business, it will

be all-important for you to do lots of bazaar research. If you are an absolute business,

you will amalgamate advice from accomplished banking statements with trends in your

particular industry.

2. Sources of Cash: Banknote abounding into your business. (See pages 134-135)

Use this worksheet to certificate the banknote abounding into your business. It will advice you

to appraisal how abundant banknote will be accessible from what sources. To complete this

worksheet, you will accept to attending at banknote on hand, projected revenues, assets that can

be liquidated, accessible lenders or investors and buyer disinterestedness to be contributed. This

worksheet will force you to booty a attending at any absolute possibilities for increasing

available cash.

Chapter 17 / Control Your Banknote Breeze 131

Example Worksheets

On pages 132 through 136, you will see examples of the two worksheets forth with

accompanying advice answer anniversary of the categories used. The worksheets are

filled in for our apocryphal company, Ace Sporting Goods, to advice you accept the

process.

Please note: The Banknote to be Paid Out Worksheet shows a charge for $131,000. It was

necessary in bulging Sources of Banknote to annual for $131,000 after the projected

sales because acquittal is not accepted to be accustomed until November and December

(too backward for banknote needs January through October). Next year, those revenues will be

reflected in banknote on duke or added advertise assets.

When you do your own worksheets:

• Try to be as astute as possible. Do not understate revenues and/or

overstate expenses, a baleful absurdity frequently fabricated during the

planning process.

• Be abiding to amount all of your estimates on both worksheets for the

same time aeon (i.e., annually, quarterly, or monthly).