A forward projection of profit, cashflow and funding is key in any business. Whether you are submitting to the bank or using internally, a budget and cashflow projection will ensure you are on the right path.
A typical budget and cashflow projection will cover for the next 12 to 24 months:
- Net profit generated on a monthly basis
- Month end bank balances
- Working capital position each month
- Debt and equity balances and ratios
- Practical strategies for profit and cashflow improvement
