Assisting you with the creation of budgets and cash flow forecasts, to help you to plan your financial performance. This includes setting key financial targets specifically tailored for you, whilst understanding the cash flow implications and providing a benchmark of the results for the year ahead.
This is only really valuable when monitored against actual performance to understand why things are or are not on track. You can then take the necessary action.
For many clients these tools help with the planning of future cash flow needs well ahead of the problem period. You have time to put the correct funding in place, before it is too late.
However, that is not all these tools will also assist in decisions on recruitment, whether to invest in buildings or equipment, and in understanding the key drivers of profit. Many larger clients will be expected to have such forecasts by their bank or funders, to demonstrate they have a viable plan for the business and that they are looking and planning ahead.