A cash flow budget shows the expected flow of cash in and out of your business and predicts the monthly bank balance. This allows you to plan for those months when you need additional funds. You can also consider how to make the best use of short term cash surpluses.

Keep in mind that a cash-flow budget is a plan. Although external events may cause variations in actual performance compared with what you have forecast, it is the cash-flow budget that will help put your business back on track through on-going review.

Cash flow plans enable businesses to:

  • Grow
  • Properly manage their performance
  • Give greater control
  • Plan future strategies, set new targets and enhance motivation as everyone works towards achieving a common goal

We can help you with that! Get on board with Everyday Accounting and enjoy the feeling of financial control.

 

Previous
Next