Tag: Forecasting
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Most business owners understand the importance of having a budget. It sets limits, guides spending, and creates a plan for the year. But here is the challenge we see at Alvia Consulting: a budget is static. It looks ahead once and then freezes. Business, on the other hand, is constantly changing. That is where forecasting…
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Most small businesses don’t fail because of low sales. They fail because they run out of cash. At Alvia Consulting, we see this all the time in Metro Detroit. A business shows a profit on paper but struggles to make payroll or cover rent. Profit is just a number. Cash is what keeps the lights…