Value of Your Business
this is part two of a six-part series about how you can know what your
business is worth and how you can ultimately grow its current value.
Cash Flow-Based Budgeting
Once you have a grasp on your cash flow, you’ll be able to create a better
budget. Your budget should be a forward-looking projection based on your
revenue, gross margins, overhead costs and working capital, which includes
accounts receivable and inventory.
Most owners assemble their