Cash Flow

March 30, 2015

Planning Ahead For Recession

Accurate historical data is important but you’ll ‘crash’ the business if you drive it by just looking in the rear view mirror. Today’s decisions will impact on your future results. If you don’t have a plan in place or prepare an annual budget you are asking for trouble when the economy turns south. It’s easy to get complacent during the good years but a budget creates a blueprint for the future that you can measure your actual performance against. Cash flow, which your bookkeeper Melbourne can prepare is usually the most common client concern, the most visible and therefore the most painful. By identifying all the activities that turn work into cash and then measuring those activities, the results can […]