Business Remedies offers a unique and comprehensive forecasting approach for the Small- to Medium-sized business.
As part of our detailed assessment process, Fore C produces detailed monthly forecasts of Profit & Loss and Cash Flow, letting you see what's on the Horizon and plan for it.
Free Initial Discovery Consultation and Model Demonstration.
Sit down with us to review your recent past financial records and, with us, build your own detailed forecast for Profit & Loss and Cash Flow.
This is not a 5-minute Fix.
Fore C is part of our detailed discussion and discovery process. We do forecasting properly and this takes time.
So, our approach includes up to 2 hours of face-to-face (in person or remote, via video-link) consultation with you as business owner, to enable us to really understand how your business works. In that time we cover:
Your recent trading history
The highs and lows of the year and how seasonality affects your business
How quickly (or slowly!) are your customers paying you?
How quickly (or slowly!) are you paying your suppliers?
Your growth prospects for the next two years - and, importantly, your justification for those aspirations!
The timing of loan payments
The timing of GST payments
The timing of any anticipated cash injections or outgoings.
We can then produce your forecasts and show the immediate effect of small changes such as a change in margins; the effect of a reduction in sales or changing seasonal patterns, etc.
Producing your Forecasts is not where it ends.
Once you have your forecasts, you are welcome to put them in a drawer and forget about them. However, we think that a better option is to have a process of review. This review process involves a regular calendar of review dates to ensure you are on the right path and achieving the goals you had set.
Regular Review enables Early Detection.
Early Detection enables Early Action.
Early Action enables Goals to be Met or Adjusted to suit changing circumstances.