CASHFLOW MANAGEMENT SERVICE
We understand that cashflow planning and forecasting is best practice in any business and is critical to survival and growth. In the current economic climate, it’s more relevant than ever!
It is important to set cashflow targets and to regularly monitor your actual cashflow against your forecast. This will enable you to predict large cash outflows and respond to changes in your business. We can help you to set up this mechanism in your business.
Inadequate cashflow is a symptom of management problems in a business, NOT the cause.
Helping our clients look ahead with confidence and putting in place basic cashflow maximisation strategies is core to our purpose as your accountants..
Who Should Undertake this Service?
If you require a Cashflow Forecast because your bank manager has requested one, we can create one for you.
However, we recommend our Cashflow Management service to any businesses as it is fundamental that every business owner understand cash and liquidity, to enable better decision making.
Recognising the difference between profit and cash, and the impact improving your Cash Conversion Cycle will have on your business, is essential to managing and growing any business.