Create cash-flow projections to get a handle on your company's finances

12/27/2011 | CBS MoneyWatch

Cash-flow projections can help small-business owners to prepare for the future and weather tough times, Rich Russakoff and Mary Goodman write. "If you know in advance that you will not break even in a given month or longer, you can put a plan in place to make up the shortfall with a line of credit, cash reserve or savvy cash-flow management," they write. Such projections should factor in expected revenue, expenses and sales, they write.

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