Knowing the performance of your business last month quarter or year is great but this information is always out of date as soon as it is produced. Budgeting and forecasting looks to the future and how your businesses will perform. This is very useful to every business owner to see if any challenges arise in the future that can be planned for now. It allows you to make proactive business decisions such as noticing a short term cashflow problem in the future and making decisions today to present and prevent the problem such as increasing your overdraft.
Budgeting & forecasting can be especially useful when raising finance or investment. Your backer will want to see that their investment can be repaid and how their investment will affect the business. It’s essential that you show your backer a professional well-presented forecast and we can assist with this with a one year forecast costing £500 and each additional year after that £250.
Great tips on an essential skill for successful entrepreneurs.
Accountancy, Taxation and Business Advisory Services in the UK
Do you find the Self-Assessment Tax Return process painful? Do you find filling in your self-assessment tax return form confusing? Not sure what to put in each box? HMRC explanations aren’t always very clear to you and you end with a million questions. Do HMRC rules and regulations make you feel overwhelmed and you’re not sure what applies to you and your business? Do you feel like it’s an inconvenience that repeats every year? You know it has to be done but you feel like you’re wasting yourNo reviews yetCost: < £99