CASH FLOW MANAGEMENT

Forecasting, monitoring and managing the cash flow of your business should be a pivotal part of your overall business strategy. 

ASSISTANCE WITH ALL YOUR CASH FLOW REQUIREMENTS

A business may be trading profitably, but it can still fail if cash is not available, and no business can survive long without enough cash to meet its immediate needs. Cash flows into a business mostly through sales and out through costs such as raw materials, labour, transport and power. More coming in than going out means you have a positive cash flow and you can pay your bills on time.

In the short term, more going out than coming in means a business struggles to pay its bills and might need to borrow money to cover the shortfall. In the longer term, more money going out than coming in means your business can’t continue. We can help you ensure your business has good financial management and foresight to plan for whatever might happen.

How We Can Help

We can help you with your forecasting requirements whatever they may be. Below are some of the core areas we currently help our clients with.

All business owners have a “feel” for their business but not all will have regularly updated financial forecasts.

Our team of experts will be able to help you stay in control of your business by providing you with regular updated cashflow projections based on rolling forecasts for the next one, two or three years.

We can advise you of the peaks and troughs in your cash flow, monitoring actual results against budgeted performance. We can highlight if and when any banking covenants may be breached so that the business can take fast remedial action.

A good year’s results may result in a high corporation tax bill so we can firstly include such payments in the cash flow projection for next year and secondly call in our tax advisory team to see how the tax bill can be minimised.

Any expanding business will have greater demands on cash flow, as more and more cash is tied up in stock and debtors. This is technically called ‘overtrading’ and presents a cash flow management risk to many businesses, especially those that expand quickly after a period of recession.

Regular advice and recommendations from our team of experts will allow you to control the risk as you maximise the returns to your business.

Companies

With offices spread across the UK we’re perfectly placed to help with all of your cash flow requirements.

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FIND YOUR LOCAL OFFICE

We have offices all over the UK. Click below to find yours.

Testimonials

Barbara Gatward
Barbara GatwardJohn Gatward Packaging Ltd
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"Our accounts are always dealt with in a timely manner, all submissions made efficiently, and reminders sent when action is required from us. Would not hesitate to recommend."
Sarah Fox
Sarah FoxBeckingham Place Manmagement Co
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"Since taking over BPMCO's accounts, my life is much easier. You deal with everything really quickly and nothing has been too much trouble. Sonia is great. Thank you!"
John Webb
John WebbWebb Sight Consultancy Ltd
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"Very reliable and professional, with a quick response time to emails sent to them. They give us peace of mind that our tax affairs are in order, as are Companies House returns, etc."
Michael Shephard
Michael ShephardSandrock Management Ltd
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"I have been impressed by the professionalism displayed by the team. Commitments are consistently met and I'm looking forward to a closer working relationship during the coming months."
Michelle Warner
Michelle WarnerAshdown Travel
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"SKS are great to deal with, very approachable with all levels of staff from Directors to accounts staff and are accommodating with requests."
Wendy Coad
Wendy CoadSURR7
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"Responsive and efficient with clear lines of communication. They have kept us up to date with everything they are working on for us. Everyone very helpful and knowledgeable. Genuine people."
Jason Willett
Jason WillettIsherwoods
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"Always there when we need them most."
Simon Doyle
Simon DoyleKGLighting
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"Very good service and always ready to help with new situations that occur."
Maggie Norgate
Maggie NorgateNautilus 19
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"Quick, structured efficient communication and service."
Fiona Penny
Fiona PennyFiona Penny Bespoke Home Finders
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"SKS Business Services understand me and my business and I trust their advice implicitly."
Stuart Herron
Stuart HerronHerron Consulting Ltd
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"The team are very friendly, supportive and easy to work with. Have been a long term client and have SKS have never failed to support me when I need them - thank you team."
David Ede
David EdeBlackhall RAFA Association treasurer
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"Brilliant professional service delivered by friendly helpful staff, I would and will highly recommend to friends and colleagues."
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