Are you in need of Financial Projections for your new Startup in the UK?
Some business owners startup their operation with a wave of optimism and enthusiasm but without a well thought out financial projection it is not possible to create a successful action plan.
Why it is Important to have a Financial Projection for your Startup or Small Business
When running a business it’s easy to get bogged down with day to day problems and miss the bigger picture.
Successful businesses allocate time to create and manage financial projections, prepare and review business plans and regularly monitor their financial situation and business performance.
Financial Projections automatically updated from your small business cloud software partner
If you want to take more control of your budgeting and cash flow forecasting, CaFE allows you to create 3m, 6m and 12m forecasts in just a few clicks*.
Once the base forecast has been created for you, you can then customise it as you need to by editing individual items of income and expenditure. You might want to model some different sales scenarios or establish the affordability of new overheads. This is all possible in CaFE.
As the year progresses, actual revenue and expenditure will be monitored against your budgets and clearly visualised.
*This feature is currently only available to Xero and FreeAgent users.
Mark Howard - ACA
Director - Skymark Financial Ltd
Why Skymark Financial for the Financial Projections for your Startup or Small Business?
As Skymark Financial, I am bringing years of experience managing the finances departments of Small and Medium Sized Businesses, both in the UK and overseas.
As part of the process for producing your financial projections, I will spend time with you to gain a full understanding of the operation and how your business functions.
From there, I will produce a detailed forecast profit and loss (monthly) together with a balance sheet and cash flow, based on assumptions agreed at the outset.
Once the first draft is completed, we will spend further time reviewing the outcome and fine-tuning the assumptions to rectify any anomalies.
This will ensure you get the full picture as to how your business is likely to perform over the next 12 months, with the added bonus of opting for a quarterly review of your financial projections as circumstances change, giving you the best roadmap possible for you to be able to plan your business journey.
Financial projections estimate revenue, plan expenditure and restrict any spending that is not part of the plan
Financial projections ensure that money is allocated to those things that support the strategic objectives of the business
A well communicated financial projection helps everyone understand the priorities of the business
Packages starting from £99+VAT
WHAT PEOPLE SAY
“Mark has made great steps in integrating financial advice and business intelligence into all areas of the business”
— Sales Manager, Harper Collins