DOWNLOAD: Weekly Cash Flow Worksheet
Even if your restaurant is profitable, your cash balance ebbs and flows. Use this simple but highly useful worksheet to better anticipate and respond to your constantly changing cash position.
As a business owner, you know you can't pay bills with profit, it takes cash. There can be a big difference between the amount of profit you may be earning and the amount of cash you have to cover payroll and pay bills.
The Weekly Cash Flow Worksheet is a tool to help you understand and manage the cash flow dynamics of your business. It is designed to be used on a weekly basis and has many applications. It can help you predict an oncoming cash shortage caused by an excess of payments over receipts. It can alert you in advance of potential problems, so you have time to make adjustments or other arrangements before you find yourself in a crisis situation. It can also help you predict your ability to create the cash necessary for expansion, capital improvements or even a big bonus.
The Weekly Cash Flow Worksheet template is designed specifically for a restaurant operation and should make it easy for you or your bookkeeper to get a handle on your cash situation. It has been formatted for estimating your cash receipts and disbursements for 8 weekly periods and could easily be modified to instead accommodate 8 monthly periods. It contains the common cash receipt and payment categories most restaurants would use. You can easily change any part of the template to fit your exact needs.