Budgeting/Forecasting
Nobody knows exactly what is going to happen, but we know that we’re going to need to respond to it anyway.
Having an idea of what can happen and the options helps streamline decision making.
Being aware of different contingencies can help you with:
Debt and Equity Planning
Investment and Spending Decisions
Cash Flow Management
Tax Savings
Understanding Excess and Deficits
When you are prepared for the best, the worst, and the expected, you can confidently expect the best.