Want to improve your cashflow???
Budgets are a great way to improve and monitor your business cashflow during the year.
Now is the ideal time to get your budget prepared for the new financial year.
Budgets are included in banklink and most accounting software or they can be prepared on a spreadsheet.
To start the budget input income and expenses from your current years trading figures into the relevant months.
Check that payments are in the correct months and adjust any abnormal amounts.
Review the income to make achievable targets each month.
Include your opening bank balance and your budget is a live document to enable you to track your business for the year.
Contact us if you require any further information, we are here to help.