There could be many reasons why you’d want to make accurate forecasts about your company’s performance – whether the focus be sales, cashflow, operating costs or other aspects of your operation.
Forecasts obviously play a key role in business planning, budgeting and the setting of commercial objectives, but they’re equally important if you’re applying to a bank for funding, pitching to investors or thinking about selling your business. For whatever purpose you need them, it’s essential that you can rely on accurate figures.
At Jones Harris, we can give you the clarity and accuracy you need. We put years of analytical experience at your disposal, together with sophisticated software, to give you a clear insight into the present state of your business and how it could change over time.
Cashflow, balance sheets and profit-and-loss:
Cashflow forecasting is undoubtedly one of the most important considerations for any business, but to be genuinely meaningful, it needs to be considered in the context of your balance sheet forecast and your profit-and-loss forecasts. The three elements need to be interpreted together.
Armed with this information, you will then have a solid, evidence-based understanding of all the key financial aspects of your work. It will help you gauge how much money is tied up in stock, your work-in-progress and physical assets, and it will help you see what needs to be done in order to maintain a healthy cashflow.
Performing variance analyses – examining figures from different periods and comparing actual performance against targets – can be very revealing. Why, for example, do certain performance indicators go up or down from one year to the next? It’s important to find out because the answer could well help you to recognise previously unseen obstacles or opportunities.
As experienced analysts, we’re ideally placed to help you sift through your most important data to identify important areas of variance and then give you a clear insight into why they have arisen.
Find out more:
If you’d like help with any of the above, or to arrange a free consultation, please contact us today.
- A personal, dedicated contact
- Free strategic advice on growth and profitability
- Telephone / email support available
- Proactive tax advice and analysis
- Profitability checks via competitor benchmarking
- A steady flow of good money-saving ideas
- Active business network introductions
- Secure client web-space for document sharing
- No need to email important/sensitive data