Financial Forecasting

Many businesses which are otherwise well run and have an excellent product or service, unfortunately fail due to a cash shortfall or cash crunch. In some cases, this is difficult to avoid, but in many cases, a clear plan, strategy, monitoring and measuring and good risk analysis can minimize the risk.

Cash flow forecasts, budgets and management accounts can help assess and identify likely positive increases in cashflow, which may signal the opportunity to strategically invest or expand, but may also identify potential weaknesses such as how quickly vital new stocks are arriving after being ordered or how long it takes debtors to pay.

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