Daily Cashflow Follow-up Form
Most project owners know that cash and liquidity are very important for continuity and growth, but what we notice is that most projects lose their liquidity and face financial risks in an unclear way. It means that the issue occurs gradually and often its main reason is that the project spends a lot on services that it can do without. Other than many other reasons, there may be a failure to manage expenses and daily cash.
Four tips for you to take care of:
1- Invoice and document each transaction.
2- Set a budget for each expense or item that will be spent on it.
3- Review your accounts every once in a while, and make them periodic.
4- Negotiate the prices and offers that come to you.
This form will help you to keep track of the daily cash flow in and out of your project. It is necessary that you check back every period and calculate how the performance was and whether you are continuing on the right track.