Poor Cashflow is the number one reasons why businesses fail. Cashflow planning is an essential practice for any business to survive and grow.
Setting targets and monitoring your actual cashflow against your forecast will enable you to predict large cash outflows and respond to changes in your business! Whether your bank has requested a Cashflow Forecast or not, every business owner needs an understanding of cash and liquidity for better decision making. All businesses should have a Cashflow Forecast in place at the beginning of any new financial year.
How can we help?
Our Cashflow Management Coaching service has been designed to treat the underlying causes of poor cashflow - starting with your Cash Conversion Cycle.
Together we’ll conduct a thorough review of the potential causes of your cashflow challenges. We will set annual goals and devise a 90 day action plan for improvement and hold you accountable to implementing simple strategies to maximise cashflow.
Inadequate cashflow is a symptom of management problems in a business, NOT the cause. We must fix the underlying issues.