Cash flow forecasting
Cash flow forecasting
An age-old expression in business is 'Cash is King' and you only have to look at a number of businesses that fail, sometimes well-known institutions, to know that oftentimes their cash flow is one of if not the main root cause of the failure.
At Kate Bennett Accountancy Services, we understand the importance of effective cash management in small businesses. Cash flow is often overlooked as the primary focus is on making a profit but a business with poor or no cash may wither or expire regardless of whether or not they have a healthy operating profit.
Kate can work with you to develop cash flow forecasting tools that look ahead 4, 8, 12 weeks or even a year at a time. Having a forecast of what is ahead and a financial expert with one eye on the horizon enables businesses to be proactive - forewarned is forearmed!
