Cash flow forecasting helps you understand where your business is heading, giving you time to plan ahead and make informed decisions.
Profit and cash flow are not the same thing. A growing business can be profitable on paper but still run short of cash if customers pay late, tax payments fall due, or the business grows faster than the cash coming in. We work with you to prepare and update budgets and cash flow forecasts that help you understand where your business is heading.
What’s included
We work with you to prepare budgets and cash flow forecasts that support planning and decision making. Depending on your needs, these can be reviewed and updated to reflect your current circumstances.
01
A cash flow forecast helps you understand the money expected to come into and go out of your business over the months ahead. We can also work with you to prepare a realistic annual budget based on your business goals, giving you a clear plan to work towards.
02
As your business grows and changes, we can review your budget and cash flow forecast with you to see how you are tracking and if any adjustments are needed, including for upcoming tax obligations.
03
If you are considering an investment, taking on new staff or making another major business decision, we can help you understand the financial impact before you commit.
Questions
More questions? Please reach out to our team.
In many cases, yes. They work together to give you a clearer picture of your business. A budget helps you plan for the year ahead by setting out your expected income and expenses, while a cash flow forecast looks at when money is expected to come into and go out of your business.
There can be a number of reasons. Customers may be taking longer to pay their invoices, large expenses or tax payments may be due, or your business may be growing faster than the cash coming in. A cash flow forecast helps identify these issues before they become a problem.
This depends on your business. Some budgets only need an annual review, while others benefit from being updated as circumstances change. We’ll recommend the approach that best suits your business.
Yes. We can help you set up budgeting in Xero or recommend another approach if it’s better suited to your business.
Let’s talk
Book a no obligation discovery call with Jeremy to discuss your business and how budgeting and cash flow forecasting could help you plan ahead with confidence.
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