Budgeting is a necessity in a good business plan and help you control your business, not the business control you. It is one of the best business tools you can have, enabling you to set financial targets and measure your business performance.
Budgets will often be required by banks in obtaining loan funding. Banks want to see businesses grown and see profitability due to the high risk of business failures due to cash flow issues or lack or strategic planning.
3 way cashflow forecasting is an important strategic planning tool if you looking to:
Work out what is the right amount of capital I need for my business
When to expand
Struggling in managing your expenses and creditors and simply looking at you bank account statement each day as your only strategy for managing your cash
In today’s ‘cut throat’ business environment, you are required to a better business manager in order to survive in the long term.
We can provide you with accurate, timely, informative 3 way cashflow forecasting reports that enable you to:
Realise and understand when cash is available
Plan and prepare for expansion, stock control, and taxes
Analyse and anticipate key expenses
Strategies in improving liquidity in your business
Contact us to show you how a quality strategic planning can help you improve your business in the future.