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Three Way Budget & Cashflow Forecasts

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Do you find yourself asking "Why doesn't my business seem to have any cash?"

We are not your average small business accountants that tell you what just happened with your numbers! By working closely with you to build a specifically tailored cash flow forecast, we can take into account seasonality and other issues that affect your business.

This means we will be able to provide you with a working document to help you attain profit targets and manage cash effectively.

Once this has been done, we can also offer you solutions to free up your cash flow moving forward.

We will also be able to predict where your business may require cash injections well in advance so that you can arrange your finances accordingly rather than have your business and profits stalling while you source the required funds.

One of the biggest problems for business is managing its cash flow. It is in fact possible to go broke making a profit. This is why we recommend the use of three way budget.

Why should budgets be prepared?

Two well known maxims remind us that "what gets monitored gets managed" and that "in business we need to work smarter, not harder".

A forecast profit and loss account plan is as important for a business as preparing a flight plan is for a pilot!

There are two important stages in the development of budgets:

Firstly the preparation of the forecasted budget and secondly (and very importantly) having a system to ensure that action is taken when the actual results differ significantly from those predicted.

A budget should never be just a profit and loss prediction without any real thought for growth, strategy and business improvement.

We are great believers in 3 Way Budgets which not only provide a target for profitability, but also budgets for the balance sheet and most importantly cash flow.

All three budgets should be formulated and used to emulate your business direction and have strategies behind them to reach your desired goals.

We can meet with you on a monthly or quarterly basis to act as an independent sounding board which means we can help you interpret any differences arising from comparing actual and forecast results and make recommendations for keeping your business on track.

Book an obligation free consultation!

Accounting in Sydney is competitive, we know, but our ethos and business ethics are different. Talk to us today about arranging a free (that’s right, FREE) obligation free consultation to take the first step towards achieving your business goals.  
Book a Free Consultation
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What Our Clients Say

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Scolari Comerford is innovative when it comes to a holistic business point of view, not just compliance. They continually look for opportunities to improve our business for the long term. Scolari Comerford provides excellent customer service and I fully recommend them to other businesses.
TONI ALDERDICE, OWNER
Midwest Foods, Dubbo
Michael Kovacs, Founder and Director
I really enjoy working with the team at Scolari Comerford. They are always fast to respond and have made a big difference to my business.
Michael Kovacs, Founder and Director
Kachink Communications, Sydney
Kate Hurst
What I value most about Scolari Comerford is their integrity, I value dealing with people who are honest. I also value their personal interest with us over the years and how prompt they are to attend to all of our needs.
Kate Hurst
Dennis Hurst Radiators & Exhaust, Nyngan
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