A case study of detailed cash planning using SurvivalWare Cash Planner

Ivan Newton was kind enough to be interviewed about his usage of SurvivalWare to right his business and propel it forward.  His conclusion: “SurvivalWare is the best solution we’ve found that addresses the unique ‘balancing act’ of our small business.”
Here is his story as re-told by Mary Ritley:
Ivan Newton is a franchise business owner who is [...]

The Pros and Cons of Detailed Cash Planning

This is a series of articles on Detailed Cash Planning presented in a logic order.  To get them to appear this way in the blog, I had to write all the articles first, and then enter them in reverse order.
 

Detailed Cash Planning Defined
Who should do Detailed Cash Planning, who should not
How to guide – doing [...]

Detailed Cash Planning Defined

Detail Cash Planning is just what is says:  a very detailed approach to planning for the cash requirements of a company, and a look at whether it can meet those requirements.   
We call it detailed because it means you literally make a list of every payment you plan to make (check by check) for the next [...]

Who should do Detailed Cash Planning

Small vs. large companies
Business vs. personal finance
Starting out, no history
In trouble
In transition 

Small vs. large companies
The larger a company you are, the less likely you should be doing Detailed Cash Planning.  Part of it is the sheet magnitude of number crunching required.  Part of it is that cash has a different meaning in large companies.  You [...]

How to guide – doing Detailed Cash Planning in Excel

Here is a step by step approach to preparing a detailed cash plan in Excel.  I’m sure there are several ways to do it.  I picked the first one that seemed to work. 
This is an expansion of the example mentioned in the article “Surviving a Cash Crisis – Fundamentals” (a must read if you are [...]

How to guide – using the SurvivalWare Cash Planner

 
Let’s continue with the same set of assumptions from the Excel spreadsheet, but this time using the SurvivalWare Cash Planner.     
Step 1 – enter the current cash balance.  And also define the planning horizon with the ending date of the first period, and the number of periods, and their units (days, weeks, months).  
 
Step 2 – enter [...]