“Never take your eyes off the cash flow because it’s the lifeblood of business.”
Sir Richard Branson
A cash flow forecast is not the same as a budget, it is a projection detailing when your receipts and payments are likely to occur.
Cash is critical to running your business and a cash flow forecast is just as important – you cannot pay your bills or expand your business without cash.
We are not talking about profits – even a profitable company can run out of cash. A good cash flow forecast is about predicting what money your business is going to need and when. Monitoring of your cash flow forecast is just as important so that you can start seeing trends of when your money is coming in and going out to enable you to plan ahead.
We can work with you to create a cash flow forecast and show you what you need to monitor. If you prefer, we can create your cash flow forecast for you, to ensure that your business plan is able to be achieved.
Talk to us now about how we can help you achieve a comprehensive cash flow forecast.