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A robust financial forecast is not a planning document but an item which is used to project the financial performance of a business. It can help you understand the viability of a business venture or give external investors an idea of how a business will perform following the effects of investment.
A financial forecast can be part of a business plan or it may stand alone but whatever you need it for we can help you prepare it.
Once you have your financial forecast in place you will have to budget to ensure your cash flow remains in line with your projections. Cash flow management is essential to your business operations.
Combined with our wide-ranging experience gained over many years advising clients, this means we can identify early warning signs of cash flow going off track and advise what to do to improve it.
In short, working together with us we can increase the attractiveness, functionality and profitability of your business.
Talk to us about your financial forecasting and cash flow services today. We are small business accountants who offer a full range of accounting, tax and business services. Our teams of knowledgeable partners and qualified accountants are situated throughout the Midlands and in the South East, check out our locations and who we work with.
Small business owners tend to work in an evolving, fast-moving market and it can be challenging to know how your business should grow in order to be successful in the future.The key to being ahead of the rest is being proactive and innovative whilst taking note of key trends
So, what small business trends are in store for 2018?
Cottons has seen extensive growth with new offices and staff, continued client success and even a brand-new website. In this article we discuss our top news stories of 2017.
As always, it’s been a very busy month here at Cottons! We’ve been training our employees, raising money for charity and of course had lots of festive fun!
There have been recent changes to the requirements of any charity account reports signed on or after the 1st December, therefore some charity accounting obligations have been affected.
We all like to receive gifts but are you aware that there are also tax breaks when giving gifts too!
An article on allowances for entertaining clients/staff and the associated expenditure that will be allowed to be deductible for corporation tax and VAT purposes.
An article covering VAT on Disbursements as a result of the recent tribunal case in which a firm lost their appeal against an assessment from HMRC for Output VAT not collected on recharged local authority search fees.
It’s been another busy month here at Cottons! The company is buzzing with new vacancies, new technologies and new clients. Here’s what’s been going on in detail…