Budgeting is an excellent method to check the financial performance of your business. Instantly you can clearly see if your expenses are too high, or sales or service income too low. Budgeting also enables you to plan. You may want to check the financial viability of taking on new staff, purchasing additional plant, raising finance or adding a new service or product offering.
Cash flow summaries and forecasts provide a monthly estimate of money coming in and out of the bank account. Many businesses make a good profit during the year but never seem to have cash available when they need it. A well prepared cash flow forecast will take into account, taxes, loans, seasonal incomes and estimated expenses.
We can help prepare budget and cash flow forecasts quickly and cost effectively, providing you with clarity and the understanding needed to run your business financials, and at the same time, reducing your chances of costly mistakes.
Contact us for a free quote.