How do I plan cashflow?

<p>Here are a few strategies to <a href="https://www.goforma.com/small-business-accounting/improve-business-cashflow" target="_blank">better cash flow management</a>:<br></p><p><strong>Be rigorous about updating your cash flow</strong>: It can be helpful to update your cash flow whenever there is new information-such as when you've made a payment, or when a client informs you that a payment is coming in late. You'll need to have a system for managing your cash flow, whether that's a spreadsheet or cash flow management tool.<br></p><p><strong>Carry out an in-depth analysis on a regular basis</strong>: Carve out a block of time each quarter to carry out an in-depth review of your cash flow. You'll want to assess your overall financial position, and look ahead at your cash flow projection for the next quarter.<br></p><p><strong>Implement milestone payments for extended projects</strong>: If you're working on an extended project, consider structuring your payments by milestones-rather than receiving a single payment at the end of the project.</p>