Cash flow is the life blood of any business. Many highly profitable businesses closed their doors due to poor cash flow management – they just didn’t have the cash to continue to trade.
To avoid this situation in your business, budget and cash flow projections are vital. These help you understand the projected income you have coming in to your business, and what your likely expenses will be, so you can plan for the peaks and troughs in your business.
Most industries have high and low sales cycles. Planning for the low cycles can help you better manage your cash flow, so there are no surprises and less stress during these leaner periods.
PJT develop industry specific cash flow projections, and we can offer insight into how your business is performing compared to others operating in the same industry.
An annual cash flow forecast is an essential business tool, and updated quarterly with live figures will ensure you are armed with the best information to move your business forward.
Talk to your PJT Accountant today about preparing your annual business cash flow forecast and set quarterly reviews to keep your business on track.
Talk to PJT's specialists today about how we can help you and your business.
What Client's Say
"PJT has always provided exceptional accounting service and advice relating to business operation, planning, taxation, investment and more.",
"The principals and staff are always approachable and display a sincerity in your business and situation.",
"PJT have made our life of running our own business much easier, knowing they are up to date with the latest in tax laws, and happy to help out with any queries we have,