Profit and Cash Improvement

We will support you with periodic or specialist services to help you control your business and make the right decisions about your current and future business.

Cashflow Management and Forecasting

Managing cashflow is the most important task for all businesses and has been the downfall of many profitable businesses. It is no good being profitable if you don’t have the cash to pay your bills – cash is sanity, profit is vanity. We will help you to:

  • Prepare a simple cashflow forecasting tool
  • Review your supplier and customer invoicing policies and procedures to improve cash flow
  • Implement a procedure to monitor and manage overdue customer debts

Business Plans and Budgets

It is important to plan the finances of your business to ensure that it has the necessary funds and focuses the management’s efforts in the right places. We will help you to:

  • Prepare budgets and monitor the performance during the year
  • Prepare and constructively critique longer term business plans including: market analysis, competitor reviews, market positioning to help you define your strategy
  • Prepare and constructively critique longer term financial plans to plan you companies resources and to present to banks when raising finance.

Benchmarking Studies

Compare your financial results against others in your industry to highlight areas of opportunity. We have access to an external confidential database for benchmarking purposes.

Profit Improvement Plans

We review your business and identify opportunities to increase sales, increase profit margins and cut costs to improve the profitability of your business. In addition we will work with you to prepare a specific action plan and where appropriate help you to implement the plan.

Business Valuations

We will value your business using the appropriate valuation techniques and where appropriate also recommend areas for action to improve the valuation. This may be appropriate if you need to value your personal assets or as part of a plan to prepare the business for sale.