Creating cash flow projections
Starting a new law firm requires adequate planning and preparation to ensure sustainability and long-term success. One essential aspect of planning is preparing cash flow projections – ideally for the first three years of the firm.
This bize size session will provide solicitors wishing to start their own law firm with a step-by-step process to creating a three-year cash flow projection.
Learning Objectives:
- Identify all sources of income and all expenditure for the proposed new firm
- Explain what key factors underwriters are looking for when considering cash flow projections for a new law firm
- Develop cash flow projections that will provide all of the information required by insurance underwriters
Resources
Downloads
Your CPD Certificate can be found in your Account.
Claire Russell
Founder, Trainer, Speaker, Coach and Risk Advisor • Mental Health in Business and Regulated Risks
Claire is the founder and CEO of Mental Health in Business – a leading UK mental health consultancy providing mental health training and support to organisations across many sectors.
View Full ProfileHave a question?
Recommended for you
In partnership with
CPD by Sector
Can we help?
Discover
Useful links
© 2024 All rights reserved For Media Group Registered in England No. 13063455 VAT Registration Number GB367031995