As your business grows you may find that checking your bank balance is no longer the best way to assess how your business is doing and as you grow you will find that institutions like lenders and the bank require management accounts from you and this is where we can help.
Whatever you need them for, we at B&G believe that a good set of management accounts can give you the clarity that you need to run your business effectively and to make informed decisions about your future plans
Forecasting & budgeting
Management accounts can sometimes be only part of what you need to steer your business in the right direction because they look at past information. To get compete information you also need to forecast and budget for your future so you can predict times when business is good and you can invest those profits into expansion and growth.
At B&G we have worked with businesses for years to forecast their results and to develop budgets they can use to keep costs under control to hit their targets and keep the business growing.
Cash is King. It doesn’t matter if you company is profitable, if it doesn’t have any cash then it could mean the end of the business so you must keep a close eye on your cash balance and always be looking ahead at what you have coming in and what is going out. This is not always as easy as it sounds and so we are here to help you.
We have worked within businesses on long term cash flow planning to short term detailed planning to make sure that businesses have the cash they need when they need it and we can do the same for you.