Financial Forecasting

Even well run businesses can fail due to unanticipated cash shortfalls. In some cases, this may be impossible to avoid but, in many cases, a financial forecast can help identify potential weaknesses, giving you the opportunity to address the issue before the situation becomes critical.

Forecasts can also identify potential improvements in cash flow, which may signal the opportunity to invest or expand the business.

Whether you require funds for working capital or investment, many businesses will need to seek finance from external sources, the most common being bank loans or overdrafts. Approaching a bank without providing financial forecasts may well result in significantly reduced chances of securing the necessary finance.

HOW CAN WE HELP?

For a fixed fee we will take your historical financial data and use this to produce forecasts for the next one, two or three years, depending on your requirements. There are now many applications available that will produce short term cash flow forecasts. However, our software will provide you with monthly forecasts for cash, profitability and balance sheet, often required by banks to determine covenants.

To discuss your requirements, with no obligation, contact us.