Cash Flow Forecasting

If a business runs out of cash and cannot obtain new finance, it will face insolvency.

It is vital that any business owner knows how much cash is available at any given time. The frequency of cash flow forecasting depends on the financial security of the business.

We can assist with the following:

• Identify shortfalls in cash balance, which is the most important reason why a cash flow forecast should be done.
• Make sure suppliers and employees can be paid.
• Identify problems with payments from customers. Forecasts encourage looking at how quickly customers are paying their debts.
• Providing external stakeholders such as banks who may require a regular forecast.