Financial forecasts, cash flow and budgets for SME businesses.
Cash is key in any business and access to enough cash at all time to meet needs is essential for any businesses survival.
Many businesses which are not well run or have an excellent product or service, they usually fail due to a cash shortfall. In many cases, this is difficult to avoid but with a clear plan and strategy can minimise the risk.
Cash flow forecasts, budgets and management accounts can help assess and identify likely positive increases in cash flow, which may signal the opportunity to strategically invest or expand but may also identify potential weaknesses.
Our Budget & Financial Forecast services include:
- Help to reduce overspending
- Optimise cashflow
- Improve performance
- Gain visibility to ensure compliance
- Tighten your financial controls
- Provide performance information
- Continuous planning and analysis
Your Budget is your Fuel Gauge – you’ll need a certain amount of income to get to your destination and you may need to bring in more income at regular intervals through sales especially if it’s a long journey. A Budget will help you stay out of the red or at least flag up a warning for the need for more cash in advance.
Your Financial Forecast is the expected route your journey will take. When you plan a route you know to expect certain delays in certain conditions. Using the forecast you can determine how you’ll deal with those delays and how much time it will add on to your journey.
To find out how we can help you, please contact us.
