Improving your business’s cash flow.

A cash flow budget, when properly prepared and implemented, is a management tool that Macmillans Waller Fry recommend.

A cash flow budget may allow corrective action to be taken before a cash shortage occurs; or it may disclose the ability of a business to create the necessary resources to expand; or it may provide an indication of whether a business can indeed support you, the business owner.

Macmillans Waller Fry can provide you with accurate, timely and informative cashflow forecasting reports.  This allows you to realise and understand when cash is available, then plan and prepare for expansion, stock control and taxes. Above all, forecasting will allow you to analyse and anticipate key expenses.

The Analysis Brief.

Areas our accountants will analyse include:

• Your expenses
• Debtor management
• Inventory control
• Leasing vs. ownership of fixed assets

By analysing your cash flow and projecting profits we can predict future incomes and the associated tax that will follow, allowing us to plan, as well as predict desired income levels thus avoiding cash deficit problems.

To discuss your accounting and tax goals, book an appointment with one of our professional accountants.

Simply call us on (02) 4933 5355 or complete our contact form for a prompt reply.