A cash flow forecast is an estimate of future figures tracking the movement in your cash balances. A budget is a plan for the future set out in numbers dealing with quantities such as sales, costs and production. These two documents should be at the core of all business financial planning, and continually revisited.
How We Deliver
Our experienced team will help you devise a budget and the basis for its creation, dependent upon your business and other considerations. For example, should you use a bottom-up budget, cost plus increase, etc.? The budget will then help you determine metrics for the coming year so that key points can be effectively managed. Our experts will also help you prepare a cash flow forecast to determine if there is a cash shortage at any period during the year, so you can identify solutions for operating capital during that time.
How You’ll Benefit
- Clear understanding of measurement metrics, broken down into shorter time periods for ongoing management.
- Preparedness regarding cash balances. You won’t have to worry about surprises when a cash flow forecast is created and monitored on a regular basis.