by Stephanie Mellick | 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 Stephanie Mellick | Mar 29, 2019 | Featured, Forecasting
Will your cashflow support your new business idea? According to Census data in the USA, more than 40 percent of all small businesses started up for under $5,000. Sixty-four percent of entrepreneurs in a recent Intuit survey started with less than $10,000. However,...
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...
by Michael Ford | Nov 16, 2018 | Featured, Forecasting, General Interest
The role of a CEO is to make decisions in the face of uncertainty. But without the right insights to support those decisions, they are little more than guesswork. An effective scenario planning process provides CEOs with the insights, clarity and confidence to make...
by Michael Ford | Jul 30, 2018 | Budgeting, Featured, Forecasting
In our business, we think a lot about budgets. And we talk to lots of business owners who are thinking about budgets. And we talk to lots of business advisors who are thinking about budgets. What I’ve learnt after all that thinking and talking is that we have a...