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Will a budget and cash flow forecast save your business?
You may have heard accountants and other finance professionals talking about how important budgeting and managing cash flow is. The question is, will a budget and cash flow forecast save your business? Well, budgeting gives us something to aim for and consistent cash flow is what is needed in order to achieve our desired outcomes. […]
Get the planning and monitoring right
Knowing what you want to achieve and when you are going to achieve it is critical to business. And this requires planning. What do you need to do? Firstly, identify what activities you will undertake and break these down into revenue earning or cost incurring ( or investment) and determine the time frames for each […]