Budgeting and Cash Flow Forecasting
Do you currently complete an annual budget? Does your business need one? This will depend upon the individual circumstances specific to your business. Snap Financial Management Ltd can help you identify your needs and assist in the budgeting process.
If your business owes any level of debt to the bank, either fixed term or for seasonal requirements, your relationship with your bank will be greatly enhanced if you are able to produce a professionally presented budget and cash forecast each year. Even if your business does not owe money, a budget is a useful tool for monitoring performance against and can greatly aid your planning.