It is essential that you look forward and consider so the future cash position. Will you have enough money in your business to pay the wages next month – and pay your own salary too? What about paying suppliers? Creating a forecast of expected cash flows in and out over the coming months helps to prevent nasty shocks, and gives you time to take action, to cut costs, accelerate income, or raise additional finance.
Too much money tied up in debtors when selling on credit? We can assist you in implementing systems to reduce the debtor days, or help you raise finance based on those debts.
We can also assist you with preparing cash forecasts on a regular basis.
