Plan for the future
In the business world, cash is king and a healthy cashflow is essential if you want to be successful. Having more money coming in than going out – known as a positive cashflow – not only means you can keep the lights on, but offers the opportunity to invest in new equipment, employees and so on. The challenge is understanding how your cashflow works.
With a cashflow forecast, you will be able to map out how cash is likely to flow in and out of your business in the future. They’re a key tool for business planning, even when you don’t plan on expanding. As a key document, it needs to be of the highest quality, so you can get the most out of it.
At Venthams, we can create accurate cashflow forecasts that will help you plan for the future. We do that by analysing your past sales and expenses to project your future ones. We take into account external and internal factors when doing this, such as seasonal fluctuations, to give you the most accurate forecast. We’ll also create multiple forecasts based on different assumptions and factors so whatever happens, you have a forecast that will help you support your business.
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