Mastering Business Plans and Cash Flow Forecasts

Mastering Business Plans and Cash Flow Forecasts

Learning Objective

Understand the importance of business plans and cash flow forecasts in managing a business effectively.

What do you already know about business plans and cash flow forecasts?

What is a document outlining a company's future objectives?

1. Cash Flow Forecast
2. Mission Statement
3. Fixed Assets
4. Business Plan

Which item appears on a company's balance sheet as a long-term asset?

1. Working Capital
2. Creditors
3. Fixed Assets
4. Debtors

What measures a company's ability to meet short-term obligations?

1. Fixed Assets
2. Debtors
3. Liquidity
4. Cash Flow Forecast

Introduction to Business Plans

Definition and purpose of a business plan, including its components and importance in business management.

Structure of a Business Plan

Breakdown of the key sections of a business plan, such as executive summary, company description, market analysis, etc.

Interactive Activity: Business Plan Analysis

Review a sample business plan, identify its key components, and discuss its potential effectiveness.

Importance of Cash Flow Forecasts

Explanation of cash flow forecasts and their role in financial planning and decision-making within a business.

Creating a Cash Flow Forecast

Step-by-step guidance on developing a cash flow forecast, including income, expenses, and projected cash flow.

Interactive Activity: Cash Flow Scenario Analysis

Analyze different cash flow scenarios and their impact on business operations and financial stability.

Integration of Business Plans and Cash Flow Forecasts

Demonstrate how business plans and cash flow forecasts work together to support strategic decision-making.

Write down 3 things you learned in this lesson.

Have students enter three things they learned in this lesson. With this they can indicate their own learning efficiency of this lesson.

Write down 2 things you want to know more about.

Here, students enter two things they would like to know more about. This not only increases involvement, but also gives them more ownership.

Ask 1 question about something you haven't quite understood yet.

The students indicate here (in question form) with which part of the material they still have difficulty. For the teacher, this not only provides insight into the extent to which the students understand/master the material, but also a good starting point for the next lesson.