Our Cashflow Forecast Service

cashflow service

Cash is the lifeblood of any business; even profitable businesses can fail because of poor cashflow. If you only ever prepare a Cashflow Forecast because the bank has requested one, it’s time to reframe your thinking.

Every business should undertake an annual Cashflow Forecast to aid their planning and decision-making. We want you to be proactive in managing your cashflow; not assuming you only need one if the bank asks for it. And if the bank’s asking for a Cashflow Forecast, it’s likely that you’re asking them for an overdraft extension or loan, which could indicate cashflow issues.

We can help you address these underlying issues. If you know how much money will be coming in and out of your business and when, you can confidently plan and execute desired growth and improvement strategies to achieve positive changes in your business.

Even if your business has positive cashflow, you should still prepare an annual Forecast. It can help you unlock a lot of cash just by making a few changes.

We don’t just prepare your Cashflow Forecast and send it to you. We’ll draft your Cashflow Forecast then meet with you to review it and discuss:

  1. Seasonal fluctuations.
  2. Material changes to last year’s cashflow.
  3. Any implications of staffing changes.
  4. Significant one-off items, tax payments and timing, and capital expenditure.

This ensures your Cashflow Forecast is as accurate as possible and that you understand how to read your forecast and plan for cash outflows.

By undertaking our Cashflow Forecast services, you’ll:

  • Understand your cashflow for better decision making
  • Predict and plan for large cash outflows
  • Identify key drivers of cashflow in your business
  • Understand how to monitor actual cashflow against forecast in your reporting software
  • Identify ways to avoid late payment penalties and interest from suppliers
  • Have peace of mind that your cashflow needs are known and properly funded

The sooner you understand your cashflow, the sooner you’ll be able to make better informed decisions and implement improvement strategies.

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