Cash flow forecast.

Authors Avatar

Cash flow forecast.

To start my business I had £1000 from my own personal wealth and I decided that in the first quarter I would set myself a budget of £750. I used the budget to purchase all the relevant equipment. I managed to keep within the budget, with my total payments for the first quarter being only £556.34. For the next quarter I decided to set my self a lower budget of only £550, as there was no need to pay for the one-off purchases that I got during the first quarter, which included the ladder and roof rack. For the final three quarter my total payments were the same as I bought the same equipment every time, with my total payments being £395.36. Although the amount of window that I was cleaning was increasing through out the year there was no need to purchase extra equipment as I had surplus equipment from when I was cleaning fewer windows in the earlier months. My total expenditure for the whole year was £1,742.42.

Join now!

For the first quarter my total receipts were £3170.00. As the months went on the total receipts increased due to the service becoming more popular thanks to word of mouth and P.R. In the second quarter it had increased to £4,110.00, in the third to £4,510.00 and by the forth it had increased to £4950.00. My total recipes for the whole year were £16,740.00

My total profits for the first quarter were £2613.66, for the second were £3714.64, for the third were £4114.64, for the forth were £4554.64, with total for the whole year being £14997.58

 Table ...

This is a preview of the whole essay