Forecasting & Business Planning

Have you considered where you would like your business to be this time next year and the year after that?

Do you want to have a better understanding of your future cash flow requirements, or more a more realistic and accurate budgeting process to help you run the business day to day?

Are you looking to raise finance from a bank or another investor?

If yes, then you will need to have robust financial and cash flow projections to help you to develop the business plan and demonstrate to others that your estimates and assumptions stand up to scrutiny.

Budgeting and forecasting

Budgeting will help you to control costs, overheads and it will provide you with your business spending limits.

By using variance analysis, we will compare your projected budgets against the actual results, we will then look behind the numbers to find out the stories behind each variance and help you to take the actions necessary to get you back on track.

Forecasting your profits and losses and cash flows are essential to accurately predicting the future performance and requirements of the business. If you know where your are at, where you are going and what you will need to get there, it will become easier to plan, deal with unexpected events and convince others to buy into your vision for the business.

We can help you to:

• Calculate accurate budget forecasts for the business and individual business units.
• Produce management accounts.
• Manage succession in the business and significant exits.
• Plan for future acquisitions and disposals.
• Develop the financial, management and forecast information that will enable you to develop a robust business plan.
• Develop key performance indicators – both financial and non-financial – to help you to improve business, department and individual employee performance.
• Analyse cash flows to improve product/service profitability.
• Develop your pitch to the bank and/or other investors in order to secure additional finance.

We will also help you to understand what impact any changes or deviations will make to your forecasts. We’ll pinpoint the sensitive points and areas of potential risk so that the appropriate controls and KPIs can be set up to monitor going forward.

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