A simple template for forward forecasting
Keeping tabs on your financials is one thing - but it's the story behind them that's more important.
How on top of your numbers are you, including ones that plan for the future?
You don't drive a car looking in the rear view mirror - and the same should apply to your business.
While you might look at your financials regularly, when was the last time you looked ahead to the future to see if you were on target?
By looking forward you've got a chance to change the outcome as opposed to looking backward.
Here's a simple scoreboard template you can use to forecast into the future: have your team comment on their actual results and how they're tracking each week.