Profit and Cash Flow Forecasting
Regular profit and cash flow forecasts are as vital to business owners and managers as the air they breathe. They provide critical information as to the life of the business, not only for the owners and directors but also for potential providers of finance.
- As well as being invaluable planning tools, profit and cash flow forecasts often prove essential for start-ups to obtain business funding - and for established companies to secure additional funding for growth.
- Our integrated profit and cash flow forecasting services include:
- Preparing regular profit and cash flow forecasts for discussion with management
- Assisting and encouraging companies to prepare reliable financial information
- Creating ‘what if’ models to assess the consequences of specific decisions
- Integrating Profit and Cash Flow forecasting into the regular planning process.
- Comparing results and investigating material variances to budget.
- Meeting obligations under the Companies Acts
“You wouldn’t dream of flying a plane without looking at all of the instruments and controls for navigation. That’s what I feel about the monthly management accounts produced by Wellers. These form an integral part of our regular management meetings, signalling our direction and signposting areas for improvement as well as our successes.”