Your partners in business strategic thinking

Financial Forecasting
(cash-flow management)

Why we developed this service

Cash flow planning is critical to the survival and growth of any business, without establishing targets for the year you will be flying blind.
We find that our most successful clients are those who’ve set targets each year and monitor their results on a regular basis. 
Our team want to help you to set, monitor and manage financial targets and improve business performance.
A Financial Forecast will set monthly financial targets and provide you with a monthly breakdown of all of your income and expenses for a minimum 12 month period. 
This enables you to regularly measure actual results against budget so that you can respond to any change in your business, and have control over your cash flow.
Who would benefit from a Financial Forecasting
If you don’t have a current Financial Forecast in place, then we recommend this service for you.

What is involved?
We will develop a Financial Forecast proposal unique to your situation, based on discussions with you around target setting and the objectives you’d like to achieve. 
On acceptance of the proposal we’ll ask you to complete a questionnaire and submit this with your last year’s financial records (if we don’t already have them) in order to develop your draft Financial Forecast. We will then arrange a meeting to review the draft forecast with you to discuss and finalise it. 
You’ll receive a copy of your Financial Forecast that can be uploaded into your own accounting system and used for finance applications.

When shall I book a Financial Forecast session

An ideal time to have a Financial Forecast prepared is prior to commencing a new financial year. 
However, it can be done at any point during the year and we recommend that you put one in place as soon as possible to gain control of your cashflow. 

You may also be required to provide one for finance applications to banks or for lease agreements.

Benefits of Financial Forecasting

  • Sets appropriate goals and targets and monitor/maintain your cashflow on a monthly basis
  • Helps you understand the key drivers and therefore better understand your business
  • Gives you peace of mind and control over your cashflow
  • Monitors and assists with your bank lending requirements and lease agreements
  • Identifies how much you need to set aside for tax
  • Forewarns you of potential cashflow issues to manage and reduce the effects
  • Helps you identify inconsistencies in trading
  • Distinguishes between your monthly and annual business operation trends
  • Alerts you to potential creditor hassles
  • Helps you avoid costs associated with non-payment/late payment, i.e. penalties, interest and potentially sour supplier relationships
  • Is a timely method of monitoring and evaluating your performance
  • Clarifies how much revenue you really need to achieve the profits expected
  • Encourages you to be accountable for goal achievement
  • Helps support the development of your business strategies
  • Provides continued direction and motivation for your Team
  • Determines the future direction of your business and helps realise potential 
Fee: up to $2,500 + GST