Cash flow budget accuracy is critical in developing and controlling the business. A four-year study of borrower’s on average over estimated revenues by 15% and underestimated expenses by 17% resulting in a 300% error in net cash flow. In order to increase this accuracy, businesses need to regularly monitor cash flow and use it to control cost and set selling targets.
Organization |
South Dakota State University Extension |
Publisher |
South Dakota State University |
Published |
March, 2020 |
Material Type |
Written Material |