Corporate Financial Solutions

Solving Your Cashflow Problems and Keeping Your Business Out of Trouble

Solving Your Cashflow Problems and Keeping Your Business Out of Trouble

Most companies at one time or another will experience a bump along the financial road – those that deal with it best are those that tend to look beyond just next month’s salaries and actively manage future cash requirements by having a good understanding of how the next few month’s trading will impact cashflow. The best and most obvious way of doing this, is by producing cashflow forecasts and regularly updating them. Not too many directors/owner managers are qualified in the art of producing such information, but everyone in business should have some basic understanding of the monthly costs being incurred. How to produce a cashflow forecast With this basic information and knowing roughly what the likely sales will be over the next three months, it is extremely simple to put together a bas... »