Cash flow projections are critical, especially in times of need, but you don’t have to wait for a crisis to benefit from good cash flow planning.
A properly developed cash flow projection can help a business foresee and prepare for potential shortages. Cash flow management can also help you to:
- Maintain adequate cash reserves to pay bills, expand the business and invest in facilities and product development
- Reduce interest costs through managed borrowing
- Receive discounts through bulk purchasing
- Improve relations with the bank manager
At Merlin Tax and Accountancy we can help with the preparation of cash flow projections, budgeting and business projections as and when required.
Furthermore, we will create projections with your specific requirements in mind. So whether you are applying for finance from a lender or you simply wish to identify any potential weaknesses in your cash flow management, our friendly team can help.
Please speak to us for further details.