Cash Flow Forecasting: How to Make Sure Your Business Has Enough Money to Pay Its Bills
A business can make a profit and still run out of money to pay its bills. A cash flow forecast helps you see when money will come in, what needs to be paid and how much will be left in the bank. Learn how to prepare a simple cash flow forecast, plan for upcoming expenses and avoid cash shortages before they become a problem.
A Business Budget Is More Than a Spreadsheet. Are Your Clients Using Theirs?
A business can make a profit and still run out of cash. That is why every small business needs a proper budget. Business accountants can help clients plan for expenses, prepare for tax payments, manage cash flow and avoid running short of money. A budget should not just be prepared once a year. It should be checked every month to see what is working, what is costing too much and where changes are needed.