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Is any cash outlay needed to close the opportunities at various stages of the funnel? This insight will inform your forecast for the months ahead. Estimate Your Sales Bookings Timeline. Now that you’ve studied your pipeline, it’s time to assess when these opportunities will close and generate cash. The solution?
By now, we hope the importance of cash flow forecasting is obvious: It helps you manage your business finances responsibly. That money comes out of your business bank account but is booked as cost of goods sold. Is any cash outlay needed to close the opportunities at various stages of the funnel? Be a Diligent Collector.
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