New Business Cash Flow Forecasting

Something many business owners, even experienced owners, struggle to understand, is that there is a big difference between making a profit and having an adequate cash flow to allow your business to function properly.

A budget addresses profitability, a cash flow forecast looks at the timing of cash coming in and going out.

One of the biggest causes of business failure is insufficient cash. You can absolutely be making a profit, but still, go out of business due to a cash shortfall.

Cash is the oxygen of a business, without it, it can’t survive.

A cash flow forecast will help you understand the peaks and troughs you will experience in your cash balance. It also provides an understanding of just how much working capital you will need to inject into, and then retain in, your business in order for it to meet its requirements.

Accounting & Tax

What our customers say

Having been a medical practitioner for 25 years, and having had several perth accountants throughout that time, I have been most impressed with the way CapitalQ have looked after me since I became a client some 4 years ago.

Kapil & Duncan should be commended for their professionalism, diligence and honesty.

Dr Marko Lambasa

Cosmetic Surgeon

Footer
FREE guideHow to Choose the Right Accountant LinkedIn icon