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Noora had inherited her dad's consultancy business in Bahrain some 6 years ago and she is fast turning it into one of the best

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Noora had inherited her dad's consultancy business in Bahrain some 6 years ago and she is fast turning it into one of the best consultancy firms in the GCC. However, the business is witnessing some issues of recent because of the rate at which it is growing. One of the problems that has been identified is lack of proper planning because Noora does not believe in preparing sales forecast, cash-flow forecast or budget. Required: Justify why sales forecast and cash-flow forecast may help solve Noora's problem? Guidelines: - - Start off with an Introduction of what you want to discuss. -Your work should include but not limited to: - .Definitions of sales forecast and cash-flow forecast The impact (both positive and negative) they will have on her business .Etc -Your conclusion should be an advice to Noora.

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