So, if you feel bad about not knowing your numbers, know that you don’t have to be someone who can memorize numbers to be a good financial steward of your business.

   There is a big difference between what it feels like to look at reports (eyes may glaze over) and the tactile interaction with the information that happens through Forecasting

   In The Financial Forecasting Experience, I told everyone that the tools are 20% and that having time on the calendar to show up to spend time with your numbers is 80%. You know the 80/20 rule. It shows up everywhere!

   Nothing happens if you don’t do it. And, like self-care during the holidays, it’s easy not to make time for it. I know.

   I’ve been thinking a lot about the concept of Practice Takes Practice.

   I love the idea that if you want to get good at something, you must do it.

• If you want to be a runner, you must run.

• If you want to be a writer, you must write.

• If you want to be an artist, you must make art.

   You make quick calculations that start with how much cash is in the bank and add what you think might come in soon.

   You make sure it doesn’t go below some threshold set for the bank balance that keeps things from going off the rails.

   If this is you, you are not alone.

   My clients deepen the relationship with their financial information through monthly financial forecasting meetings. They do this by taking care of the physical, mental, emotional, and spiritual needs of the financial part of the business. 

   Let’s explore those.

   When you look at your numbers each month and look forward over the next 90-days, you can see what's coming, and have an opportunity to effect change. You will know what is needed to make your business profitable and ensure you don't run out of cash.

   This magical process is called financial forecasting.