Budget and Cash Flow Projections

Budgets

A profit and loss budget is as important to a business as a road map or satnav is to a truck driver.  If you intend to reach any goals you need to know how you are to get there.  But there is more to it than just putting the forecast together – monitoring on a monthly or quarterly basis is essential to ensure appropriate action is taken in the event of actual results deviating from the budget.  We can help with this by assisting with the interpretation of results and recommending appropriate actions to get things back on track.

Cash Flow Projections

“”Where is all the cash?”  By working closely together, we can develop detailed cash flow projections including factors influencing your particular business.  On an ongoing basis this also provides for the development of strategies to free up cash.  Forecasting cash needs in the future ensures there are no last minute panics to obtain the funds required for a capital acquisition or simply to meet a short term shortage.

We have specialised over the years in the preparation of various types of forecasts including:

• Cash Flow Projections
• Capital Budgets
• Operating Budgets

 

Depending upon the size and nature of your business, these budgets can be used on a more or less “stand alone” basis or, more commonly, as part of your overall business plan.