Budgets and Cashflow Forecasting

Knowing last quarter’s figures is useful, but this information can soon become out of date. Budgeting and forecasting allows you to view business future performance and make the right decisions to help achieve your business strategy. We can help you to prepare cash flow, sales and profit forecasts, assessing whether they are realistic and working with you to identify any variances in actual performance and how these may be addressed. This is extremely useful in allowing you to predict future business challenges such as cash-flow problems and make decisions to preempt any business challenges or barriers to growth.

Raising finance or investment is now harder than ever, and most banks and investors will request forecasts and future budgets to aid their decision-making. It is crucial that you are able to provide your potential investor with well-presented forecasts and budgets. We are able to work with you to produce these in any format required for your finance or backing applications.

Whether you are a newly-formed or established business, you should be considering your future business strategy and development. Issues such as; customer credit extensions; supplier payment schedules; new product development and business seasonalities should all be decisions ground in accurate financial insight. Budgeting and forecasting give you the tools and visual references to be able to make these decisions with confidence. Our team of expert accountants can not only develop these on your behalf, but help you to understand them and what they mean for your business.