If I didn't totally understand a working area of my office, I would spend extra time there until I felt comfortable with it's functions. The majority of my desk time was during off hours. Just not as often. Cash-flow simply is the moneys coming and going in your business. It is essential to know your future cash requirements as well as current cash expenditures.
Most successful companies use some form of cash flow projection.
The extraordinary manager can carry the information in his or her head, however, that's an exception. A cash flow budget and projection can be as simple or complex as you want to make it. Gathering the cash flow data is as simple as looking back to your prior basic income and expense items, setting them down on paper anticipating similar numbers in the future. Then, after you reach the anticipated time period, you write the actual numbers in a column next to your budget. You then analyze and adjust your budget for any differences.