Additional services that set Gouldson apart include a comprehensive range of advice and reporting for all aspects of your business. From business plans, profit & loss forecasting through to cash flow analysis we are here to help and guide you.
Cash Flow Analysis
Keep a real-time handle on your business with monthly reporting on cash and profit.
- How does performance compare to forecast?
- Where are the main differences and what does it mean?
- Do we need to make adjustments in future months to keep on track?
With regular reporting you can see at a glance how the business is performing, making key decisions easier. The ability to demonstrate this level of understanding through reporting has assisted many clients with bank loan applications or renewal/increases in their overdrafts.
Fluctuations in profit never killed a business but lack of cash does.
Most businesses go through tough periods and sometimes that means incurring losses. It’s important to have good tools and reporting in place to manage the business through these tough times.
Make sure you see what is it coming.
Do we need to panic?
Is this a trading loss?
How is the loss being funded?
Is it ok to have periods of losing money?
Gouldson management reporting can help give you the control you need to work through difficult periods.
It’s always great news to see sales levels increasing, however fast and sharp increases can have a negative effect on cash flow. If the new sales require investment in either infrastructure, assets or stock purchases, these payments may need to be met well before the money from the sales is received.
Make sure you have the insight to develop the correct controls.
So how will you fund the gap?
How long will the gap last for?
How big will the gap be?
What happens if sales keep increasing?
Increasing sales is a good thing but cashflow implications should be considered with any major change.
Gouldson management reporting can help give you the control you need to work through periods of rapid change and cash flow variations.
Another useful tool for small and medium sized businesses is the risk assessment.
It’s a simple one page document that helps you think about key risks, how they affect the business if uncontrolled and what controls can be put in place. With colour coded output this tool can be used for any project or challenge. More often than not there will be a few measures called KPI’s (Key Performance Indicators) that can be monitored by management to ensure the safe working of the business.
We provide a comprehensive range of advice for all aspects of your business. From business plans through to cash flow analysis we are here to help. If you need help with your business, call Gouldson today for a confidential review.