Make Long-Term Cash Flow Projections for Your Restaurant

Posted November 16, 2010

In 1. David Scott Peters, budget, Tip of the Day

By David Scott Peters

Restaurant Tip of the Week

Once you get in the habit of projecting your cash flow on a monthly and even a weekly basis, you’ll start to see trends and be able to project further out than just the month ahead. When you project your cash flow for the long term, you become able to:

1. Determine the need for long-term financing of new units and loan repayment
2. Determine at what point the restaurant might run out of cash
3. Show the relationship of capital to debt

David Scott Peters is a restaurant expert, coach, trainer and speaker, specializing in teaching independent restaurant owners how to use systems for increased sales and increased profits. He is the nationally acclaimed restaurant coach whose unique “SMART Systems” approach to boosting profits has earned him the title of, “The man who can walk into any restaurant in America and find $10,000 in undiscovered cash before he hits the back door – Guaranteed!” Visit www.TheRestaurantExpert.com for more. Learn more tips, tricks and secrets in David’s free five-part e-course, “How to Explode Your Restaurant Profits NOW!” Simply sign up to receive the e-course at TheRestaurantExpert.com.

David Scott Peters, independent restaurant owner, independent restaurant owners, restaurant budget, restaurant expert

Fred Langley

Fred Langley is the Owner/CEO of RestaurantSystemsPro.net. He leads the company's consulting services, systems coaching, conducting seminars and overseeing the training and technical support team for the company's management software,RestaurantSystemsPro.