Cashflow problems are the most common reasons for business failure. Whether you are starting out or have been running a business for years, cashflow issues can arise.
We can help you easily track and manage your business cashflow, helping you to budget for lean times and purchase essential equipment when you need it without creating problems for your business.
One of the most common questions we get asked is “where has all the profit gone, as it’s not in the bank account?” The answer more than often lies in debtors, creditors, debt repayments, stock on hand, depreciation and private drawings.
A business that manages its cashflow well, allows the business owner to see the effect the above items have on cashflow in advance. We can assist you to develop a cashflow management plan. Banks often will ask for budgets and cashflow forecasts when assessing new loan applications.
Meet with us and let us show you how we can help you manage your business cashflow. We can also give you a demonstration of Xero and how it can make managing your cashflow even easier than you ever thought!