Successful companies focus on financial forecasting in order to predicting future profitability and cash flows, in addition to forecasting for specific purposes such as capital investment.
In particular they can assist:
It is also worth mentioning that banks and other lenders are placing more and more emphasis on management information, and often require management information and forecasts to support their lending facilities.
It is essential as a business owner that you look towards the future. Consider where you would like to be in one, two or even five years’ time?
Many businesses do not succeed because they are slow to react to present day changes due to sole reliance on historic information and accounts.
With accurate and reliable information, we can prepare budgets, cash flow and financial forecasts which give your business something to aim towards. We can adapt these forecasts to review the anticipated impact of changes in your business strategy, such as the introduction of new product lines or the creation of a new department. It is tremendously important to review the financial and cashflow impact of such decisions before acting upon them.
For a free consultation please contact us to arrange a meeting.