Cash flows, Budgets and Business Plans
All businesses should know what turnover they need achieve to at
least break even. Without such knowledge, they could be getting
into debt. We believe that such knowledge is a fundamental business
tool.
Businesses should have a plan. Expansion is great if the correct
finance is in place. Over-trading can be a common problem to
business failure.
We at Smith-Milne & Co. are experienced in putting together
sensible business plans/budgets and incorporating these
forecasts into Cash Flows, essential for putting in place the
appropriate business finance.
We are able to prepare Cash Flows and then ask "what if?".
We can show you the effect on cash flow and profit if, say,
turnover goes down by 10%/20% etc. This helps in decision making
and strategic planning.
We can if necessary incorporate the financial forecasts
and prepare your full business plan and assist in finding
prospective financiers.