Forecasts are more important than ever

In Accountancy, News by Caroline

Cash flow management is key in a turbulent economy. Do you agree? Most of our clients do. In this economy cash is king and managing your cash flow is more important than ever.

If you are concerned about the future of your business, then take some time to reflect on where you are and what could happen in the next few months. It is now vitally important for all businesses to plan ahead for a range of scenarios. Cash flow and business planning in these uncertain times may appear difficult but there are some practical steps we can take to minimise potential disruption to your business.


The BR Business Forecast Service

We specialise in helping our clients manage their cash flow. We do this by preparing and updating detailed cash flow forecasts, using the latest and most powerful software. We can also help you negotiate or renegotiate overdraft facilities and find specific funding to help you grow.

It has never been more important to have a business forecast in place. Forecasts allow us to prepare period management information to ensure your business is on track.

We can work with you (if we don’t already!) to make a personal or business forecast showing the expected ups and downs over the coming 12 months. We can then track your results alongside the forecasted figures.

The forecasts can be flexed and adjusted to show how results can be improved via small changes to your business. They can also be used to set targets.

Please talk to us about forecast preparation for your business. We will be delighted to help. You can contact us here.

Get in touch with Barnett Ravenscroft

If you would like to discuss any of these latest developments in more detail, our team would be delighted to hear from you.