Budgeting, forecasting and cash flow management

Understanding your financial position and having a strategy to ensure the cash keeps flowing in is essential for good business health.

However for many business owners, the words ‘budgeting’, ‘cash-flow’ and ‘forecasting’ make their heads spin. But it doesn’t have to be that way. 

We make managing these accounting functions easy by not only providing a service to prepare budgets and forecasts but also putting measures in place to manage cash flow performance. 

We want you to have a clear understanding of what “the numbers” mean for your business. Having a budget gives you a picture of where your money goes and gives you goals to strive towards, and the forecast shows you where your business is expected to be if all goes to plan.

The cash flow is what keeps the wheels of your business turning and enables you to pay yourself, staff, and suppliers. It is therefore important to have a strategy in place to effectively manage your cash flow and ensure the money is there when you need it.