Cake business course – Cashflow forecasting

Join NOW to access 975 courses

Watch Now
Join Free For 7 Days

Cake business course – Cashflow forecasting

with David Brice
HD Lessons: 1
Now Playing
12:57

1. Cashflow Forecasting

Your cashflow forecast is the single most important document in the business. It allows you to keep an eye on things and allow you to look at an annual cycle taking seasonal trends into consideration. As a cash business, you should never have a cashflow problem, but the forecast will predict any times where you may encounter low cash points.

By clicking here you can download and then use and save your very own version of the Set Up Costs Worksheet. If you don’t have an application similar to Microsoft Excel simply click here where you can download a safe, free application that will enable you top open and edit the worksheet.

Your cashflow forecast is the single most important document in the business. It allows you to keep an eye on things and allow you to look at an annual cycle taking seasonal trends into consideration. This short lesson covers everything you need to know!

See Cakeflix for more tutorials on how to grow a successful cake decorating business.

For helpful business downloads, details of our monthly Live Q&A and Pro Member discounts see PRO BENEFITS

David Brice

David Brice

David Brice is the lead business tutor with CakeFlix, which has won Cake Masters awards Best Learning Experience in 2014, 2016, 2017 & 2018.
David´s career started in the Army then he moved over to become a civil servant with the MOD then latterly the Scottish Government.  His job prior to leaving was as a speech writer for the Transport Minister, which came with huge kudos, good salary and great pension. However, he wasn´t fulfilled, he knew that there was more to life than the role that he found himself in.
David knew Paul for a couple of years before Paul started his Cake Business in 2002, helping with some of the paperwork and admin required to set up a business. As Paul´s success grew it was clear that his business needed more support so in 2005 David left the security of his job and joined Paul in the cake business. That was a leap of faith as David had not, and still hasn´t, decorated a cake. However, he could see the potential and they grew the business to seven outlets with 35 staff. It wasn´t all plain sailing and its the highs and lows of that journey along with a lot of studying on business best practice that he shares in his Cake Business tutorials.
Paul and David sold the cake business to concentrate on teaching and are passionate about sharing their knowledge and experiences to help others.