article thumbnail

Using Cash Flow Forecasting to Withstand the Downturn

Centage

However, one of the most important planning tools for a business of any size is cash flow forecasting – and it’s especially important in times of uncertainty. Knowing the timing, amount and predictability of future cash flows with cash flow forecasting should be an essential component of the budgeting and planning process.

article thumbnail

How Do I Forecast with Tax Code 280E?

CFO Share

Your strategic business forecasting must include proper considerations for section 280E – this is essential to planning cash flow and avoiding catastrophic tax bills at year-end. In simple terms, that means the cannabis industry taxable income is closer to its revenue rather than profit. How do I forecast for the 280E tax code?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

OYO May Not See Profits In China, India Until 2022

PYMNTS

India-based OYO has filed a valuation report with India’s ministry of corporate affairs indicating that the company did not expect to turn a profit until 2022, Reuters reported on Monday (Nov. The losses were six times higher in 2019 through March compared to 2018, but its revenue more than quadrupled for the same time period.

article thumbnail

Do You Really Understand Your Best (and Worst) Customers?

CFO News Room

A new merchandising leader undertook a review of brand profitability and saw that the company was actually losing money on its La Perla sales. The company debated whether it was worth carrying a brand that consistently created losses. We have found that performing a customer-base audit is a fundamental catalyst for change.

article thumbnail

What Are The 4 Components of Financial Health?

CFO Share

These components aren’t just indicators of present stability—they forecast future success. Key takeaways for business leaders include: Maintaining an emergency fund for unforeseen expenses Timely collection of accounts receivable Monitoring inventory and purchasing vs. forecasts to avoid overstocking.

article thumbnail

Inventory Management Guide for 2024

The Finance Weekly

On the flip side, having too much stock can tie up your resources and lead to losses from items going bad or becoming outdated. Regularly Monitor Inventory Levels Inventory-driven businesses typically do this thing called an audit once a year to keep the tax department happy. Supplier delivery times are also a big deal in forecasting.

article thumbnail

The business value of fractional CFOs

Future CFO

A CFO in Hong Kong can gross as much as HK$2 million when you include bonuses and profit sharing. Next to the CEO, the CFO is the most visible head of an organisation, involved in research and audits to ensure that all departments follow regulatory guidelines. Your team is also at a loss to offer ideas.

CFO 98