BMO’s Jamie Doolittle, Head of BMO Business Banking for Central Region, Ontario, hosts Heather Tuason, CEO of Arena CEO, for a discussion about Financial Forecasting – the New Year’s resolution that pays off.
It’s the middle of the month and you know it’s almost time to start paying the bills you’ve received from your vendors. You haven’t been surprised by any of the expenses—you’ve planned for each one and knew they were coming. Great work! Your preparation only leaves you with one question: how should you process each…
We have all heard “cash is king”. If there is anything more crucial to a growing business than profit, it is liquidity. While profitability can be manipulated on the balance sheet, your cash is discrete and finite. Investors and banks know this; as a result, they will use your cash position to determine your business’…
Learn how forecasting can support business growth and success with BMO and ARENA.
If you’ve always thought your business forecast and your business budget are one in the same, we have good news: You’re not alone. Whether your business is big or small, it’s important to have an accurate forecast and budget. That’s because both of them work together, helping you reach your ultimate goal—financial prosperity. But while…
Set your business up to succeed with a financial forecast. Heather Tuason walks through a step-by-step guide to setup a business forecast that will give you confidence for growth. Download the presentation (PDF) Download the forecast template (xls)
Why Plan? Whether your business has had a great year, just an okay year, or a year that could have gone better, knowing how you are going to run your business for next year can give you a leg up on achieving outstanding results in 2023. What is a Plan? A business plan is a…
