17. The Business Owner’s Toolkit at http://www.toolkit.cch.com/tools/tools.asp offers a series of comprehensive training modules that will help you learn how to market, manage, promote, and grow your business. Go to the section on Business Finance and click on the Cash Flow Budget Worksheet. Read that page and then click on Cash Flow Budget under “More information:” at the bottom of the page.

Why is it so important for businesses to prepare a cash budget monthly? What is the purpose of comparing the monthly cash budget to the actual figures reported?