Cashflow and Forecasting

How to stop leakage leading to liquidation through cash flow planning

A cash flow plan allows you as a business owner to understand how your cash is used. There are misconceptions that having cash in the business means there will be more tax to pay, or that spending spare cash reduces your tax. Unfortunately, this mindset can lead to reduced profitability, and even worse, missed opportunities to expand when the time is right.

Upsizing or downsizing? We can help with the forecasting

Are you looking to either scale up or downsize, your business? We’ll help you review your existing business plan, run scenarios and forecasts, and look at the most appropriate strategy for your future. Learn more here.

Planning for seasonal income dips

Struggling with seasonal dips and poor cashflow? We’ll help you identify the timing of your seasonal downtime and create a strategy for stabilising your income across the year.

Outstanding invoices? Here’s how to get paid

Frustrated by unpaid invoices, but dreading the follow-up? We can help, with simple, effective techniques – and credit check services to help you avoid the issue in future.

Cutting costs or increasing your prices? We can help

With more than 85 percent of SMEs expecting a lower profit in the next nine months, the more prepared you can be for the unexpected, the better. Talk to us about smart ways to get your costs under control or whether you need to increase your prices. We share thoughts here.

Get in control of cashflow

Does your business need to improve its cash position? Poor cashflow is a problem for many businesses, whether you’re a start-up or an established family business. Talk to us about how you can get proactive with cashflow management.

Staying on track with your personal budget

Don’t set and forget your Personal Budget. Monitor your progress to achieve your goals. Dedicate one hour each month to track how you’re progressing towards your budget. Need accountability? Get in touch.

Understanding working capital to maintain business success

Cash is oxygen for your business and measuring working capital is your regular health check to keep your business alive; especially in turbulent times.

Review your expenses – and save yourself money

Need to reinvent your expenses? We’ll review your current costs, find the expenses that could be cut, and will provide a proactive spend management programme to reduce your spending.

11 Strategies to maximise your cash reserves

The Covid-19 crisis has highlighted the inadequacy of current cash reserves for many business owners - they simply don’t have enough cash to sustain the business in a crisis.

How to create a cash flow forecast for your business

A cash flow forecast is an important tool for business planning. And right now, understanding the cash coming in and going out of your business is vital.

How do you invoice during a crisis?

It’s not easy to request payment right now but it is important to keep cash flowing into your business. As with all business dealings at them moment, a little empathy and a lot of open communication can go a long way.

Cashflow and cost control crucial now

Keeping everything running is the priority for now, whether you’re in recovery or growth mode. Regular cashflow forecasts will help you make informed decisions. And controlling your costs will potentially free up cash. We share more here.

Emerging from Covid-19 – what you should be considering now

As New Zealand moves down the COVID-19 alert levels businesses face a long transition period from the unknown to the ‘new normal’.

Encouraging prompt payment

Keeping on top of your invoicing requires a proactive strategy. Sometimes it just takes a phone call. Here’s some other tips:

The value of cashflow forecasting during a crisis

During the ongoing coronavirus crisis, many sectors are seeing income either disappear completely or drop to dangerous levels.

Plan now for your business continuity

Having a plan to deal with the fallout from the COVID-19 pandemic is going to be critical to business survival.

Why you need to forecast your cash flow

Need to get a grip on your cash flow? We’ll help you tailor your accounting set-up and cash flow forecasting tools to reveal your future cash position.

Until debt tear us apart

Don’t procrastinate on the collection of your debtors! The longer you leave it, the harder it becomes to get paid. Get in touch to review your payment terms and find out how you can get paid faster.

Profit vs cash

There’s a massive difference between profit and cash. Let’s explore the differences to make a better plan to increase both.

If you want to succeed in business, understand that Cash is King

Your business can’t survive without cash. In business, cash is king.  The following six take aways are essential for business success:

Deductibility of bad debts

Many of the costs associated with running a business can be claimed as a tax-deductible expense, but not all. The Income Tax Act dictates that to be deductible, expenses must be incurred in the course of deriving assessable income, or in running a business.

Communication important in managing debtors

Like any relationship, timely communication between creditors and debtors goes a long way to avoiding trouble. One of those tools for small businesses is the financial web.