Profit and loss forecasts
Set goals
Want to know what results are likely to be in the year ahead or in 3 years time? Whilst no one knows for sure, You’ll have a better idea of where business is heading if forecasts are produced! They help to take the right actions now.
Benefits
Predict what business will achieve and compare to actual results. See where business have done better and if there are areas that require an improvement, then create the action plans to do so.
Quality assurance
Whilst we’ll sense-check forecast, we’ll also challenge it and make sure it will lead towards long-term goals.
What we can do?
We can prepare the Profit & Loss forecasts with some inputs from you which in turn can be an essential tool to monitor the business.
How much is it?
Our fees will depend on whether you want us to prepare the forecasts, review them and/or monitor them.
FAQs
Do I really need a profit and loss forecast? Not, if you’re happy running your business without goals.
How can I make sure I achieve my goals? We can help you create action plans (with SMART objectives) that really drive business forward. And we can monitor their implementation and effectiveness with you.
Key points
Know where you’re heading
Key management tool
- Compare to actuals