The importance of forecasting & cash flow monitoring is often overlooked
but it’s a key indicator of a business’s future success and longevity.
Cashflow is the lifeblood of any business in particular early stage and high growth business, so it makes sense to understand the nature of it within your business. You need cash in the bank to pay your bills. Staying on top of cashflow will help you see if, or when, you’re going to run out of money so you can prepare in advance.
A cash flow forecast will become one of the most important tools to provide insight into your business. Whilst it’s relatively simple to create your own, an outside pair of eyes can add a huge amount of value.
Our management accountants will work alongside you to produce a robust cash flow forecast, giving you foresight in to potential crises before they happen time to devise a solution.
Ona positive note, it will help you see if you can afford to expand before you commit to new costs and be saddled with debt further down the line.