by Michael Ford | Sep 26, 2023 | Forecasting, Uncategorized
Over the years, I’ve written many words on the philosophy of forecasting, what makes a great forecast and why forecasting (done right) is critical to the success of any business. In this article, we’re going to change the cadence a little. I’d like to offer you a...
by Michael Ford | Sep 26, 2023 | Forecasting, Uncategorized
Entrepreneurs are driven by ‘the itch’. If you’ve felt it yourself, you know exactly what I mean. It’s that innate gnawing, discomforting feeling that comes from a deep, and often lifelong, conviction that there has to be a better way. The itch is never far away...
by Michael Ford | Jun 26, 2019 | Featured, Forecasting
I heard this early on in a phone call with an accountant recently. He was one of 3 partners in a small suburban firm. They’ve been around a while, and have built a decent client base focused on small businesses. The largest client has a touch over 6 million revenue....
by Michael Ford | Dec 13, 2018 | Featured, Forecasting
Going beyond the numbers In the Xero 2018 Australian Accounting Industry Performance Report, 98% of all firms rated ‘advisory services, eg budgeting, cash flow forecasting and business planning’ as one the top 5 most attractive areas for growing advisory services...
by Michael Ford | Nov 22, 2018 | Featured, Forecasting
A well-prepared cashflow forecast is an early warning system that lets you spot signs of cash trouble months, or even years in advance. Small business cashflow is a roller coaster of income and expenses as the annual seasons progress. The same cashflow cycles show up...