Are you looking for finance or starting a new business?
Then the first thing your lending institution or investor will request is budgets and cash flows for approximately two to three years. The normal feeling we get from clients is ” what a waste of time and money”. Our response is, yes, they are time consuming and can certainly be expensive if you simply pass them on to a third party and don’t refer to them again. However, for those business owners who use them as a bench mark to where your business is heading they can be invaluable.
If you combine these with preparing timely bi-monthly/quarterly management accounts you will really see the benefit of having timely and relevant knowledge that will allow you make some necessary management decisions. In addition to this PSC can set up Key Performance Indicators tailored to your business needs so that you keep the costs of your business at an acceptable level.
Business Start Ups
Again budgets and cash flows are imperative to starting out a new business. Aside from securing relevant finance, preparing budgets and cash flows will highlight expenditures that perhaps you didn’t think of and will show you where cash will be tight, particularity where your business is seasonal. They will allow you make the necessary decision when looking at the viability of the business idea.
PSC have a very specialised team on board dealing with business plans , budgets and cash flows on a regular basis. Don’t let the word deter you from considering implementing them into your business. PSC can initiate the process and either continue it or we can train a member of your team to run the process for you.
Our team can provide the following:
Contact us today:
Tralee T: 066 7126333 Killorglin T: 066 9161275
Limerick T: 061 319603
Please contact us for a