Budgeting and Cash Flow reporting
If you have no plan, then you plan to do nothing. And if you plan to do nothing, then nothing is what you will achieve.
A good budget is a necessity in a good business plan. It is one of the best business tools we have, allowing us to set financial targets and measure our performance.
In addition to goal setting value, budgets will improve your chances of acquiring funding as financers often require forecasts as a prerequisite for funding approval. Cashflow forecasting is a vital part of ensuring that your business will always have the cash it needs, because profits don't pay bills - cash does.
There are many types of budgets and we can help you design the right budget for your needs and requirements.
Having established your projection, it is essential that you incorporate this into your financial reporting system to monitor progress during the year.
Let us show you how a budget and a cashflow forecast are able to provide feedback to allow you to prepare for the future of your business.