Our gift to the business community

I have spent a great deal of my professional career in the management field.  As a result of being in management I have come to believe that planning for the future is an absolute necessity. Unfortunately too many accountants are NOT used  to looking ahead. Its not in their training. But who is best to help entrepreneurs plan for their future. YOU ARE!  Therefore I am providing you a  tool at NO CHARGE to get started in the planning process. Its  The One Hour Forecast. SEE www.upyourcashflow.com/Join/onhour.php

Up Your Cash Flow XT 2009: The One Hour Forecast (FAQ’s)

Is training required?

No. However, since we want our user’s experiences to be positive, we will be providing 30 minute online training sessions weekly. The training schedule can be found within the program.

 Why did you develop The One Hour Forecast?

The One Hour Forecast was originally developed for accountants to develop a financial forecast in one hour.  The accountants can start helping their clients manage their future activities as well as develop a new source of revenue for themselves.       

Why do you call it The One Hour Forecast?

We believe that it should take no more than one hour to develop the forecast.

The gathering of data necessary to complete the forecast will probably be the most time consuming portion of the process. The data is as follows: estimated sales over the next 12 months, the prior 12 months sales month by month, the prior 12 months collections on sales, month by month, term loan and credit line information and a current financial statement.

What type of reports are developed using the one hour forecast?

You will be able to create a completely integrated set of profit and loss projections for 12 months, cash flow projections for 12 months, and forecasted balance sheets for the same period.

Can the reports be printed?

Yes, the program is a complete budgeting and forecasting program.

How much detail can be developed in the one hour forecast?

The detail within The One Hour Forecast is brief. You may create a sales forecast, forecasted cost of goods sold (using material labor and overhead) and adjust inventories. Expenses will be limited to variable expenses, fixed expenses, depreciation, term debt (interest and principle) and credit line financing. Even though the amount of detail is limited, a very useful budget/forecast is developed.

Can you develop more than one forecast within the program?

Yes. You may have up to 99 forecasts within the program. Switching back and forth between the forecasts is easy to do.

Can data be saved?

Yes. You may also copy data into a zip file and move it between computers, etc.

Why are you providing The One Hour Forecast free of charge?

Two reasons. First, I have spent most of his career managing an accounting firm. During his career, he concluded that the accounting industry spends a great deal of time telling their clients where they’ve been as opposed to informing their clients where they are going.  As a result of his management perspective, he believes that knowing what lies ahead is far more important than what took place in the past. He would like to see more accountants, particularly those in public practice, spend more time helping their clients navigate their future. In today’s environment, a look into the future is an absolute necessity.  Who best to provide this information to the business community than the accounting profession?

To get the accountants to help their clients in the area of planning, he has decided to provide The One Hour Forecast to the accounting profession free of charge.

Second, if accountants begin to help their clients by forecasting their future, we look forward to Up Your Cash Flow XT2-2009 becoming their program of choice.

Link to software: www.upyourcashflow.com/Join/onhour.php