With the exception of enjoying your work, this is probably one of the most
important sections. Planning is vital. Being able to make a financial forecast is absolutely essential. We'll discuss
the importance of using a spreadsheet when trying to predict Profit & Loss and Cash Flow.
This course cannot tell you how to use a computerised spreadsheet, if you've not done so before.
Could you create a spreadsheet for your business
like this
? (You must have a copy of Microsoft Excel installed on your computer.) On this spreadsheet, can you say what is
important about Month 8 ?
If you need instruction on spreadsheets, it is worth going on a short course - to learn
how to use them. You can always claim the cost of the course against your tax bill ...
We'll also cover the essentials of record-keeping, as these are a legal requirement.
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