Financial Planning
Money is the lifeblood of any business, yet cash flow is often ignored until problems occur.
Clear financial planning and effective monitoring systems will have a positive impact on your income and the decisions you make about your business.
Even basic systems will enable you to:
- be confident about what’s happening to your cash flow
- make better informed decisions
- feel more in control
- plan effectively for your short, medium and long term business needs
Finance can be a sensitive subject. Not everyone who runs a business is confident with figures and revealing information about sales margins and profitability requires confidence and trust.
When you begin work with One to One Business Support I sign a confidentiality agreement with you, to make sure we can look frankly at:
- cash-flow analysis – the highs and lows and why they are happening
- cost of sales – the true cost of all your activities
- profit margins – a price list that maximises income
- monitoring – systems that keep you constantly up to date
- invoicing – efficient procedures and record systems
- payment terms – ensuring they reflect your cash-flow needs
- debt collection – collecting payment as quickly as possible
- sales and marketing – timing the activities to create an even cash flow