Starter Activity - Cash Flow Forecasting for Celebs
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Help Katie and Alex put their cash flow forecast together for an exciting new business venture…
Katie has decided to ditch her previous business - offering celebrity makeovers using state-of-the-art cosmetic surgery. Katie and her previous business partner Pete just couldn’t cut it.
Instead, Katie has decided to make a business out of another of her favourite interests – weddings. She’s spotted a promising niche segment in the market – organising post-marriage wedding celebrations for those celebrities who wanted to tie the knot quickly and have a party later. She’s persuaded former cage fighter and now hubby Alex to join her as a 50% shareholder a new public limited company - Happily Ever After Events plc. Katie’s diary is pretty full – so it will be April 2011 before she can throw herself into the new venture, which leaves plenty of time to put a sensible cash flow forecast together.
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