We'll prepare a week by week cash forecast for your business covering the next six months. The cash forecast will be updated on a rolling basis, so you'll always have six months of visibility of your cash inflows and outflows.
Every week you'll have the opportunity to sit down with us to review and discuss your updated cash forecast. Together we'll make sure any new developments that come up are captured in your cash forecast.
In addition to the services under the Fundamentals Plan above, you'll also benefit from an annual budget exercise with close attention paid to your revenue and cost drivers. We'll provide you with two alternate scenarios - a stretch budget and a more conservative budget - so you'll understand the impact on your business of growing faster than planned, a common situation for entrepreneurs.
We'll also extend your cash forecast to the end of your budget period so you can see how budget assumptions will affect your cash flow.
In addition to your Fundamental weekly cash forecast reviews, once a month we'll review your monthly financial performance against the budget with you. Together we'll determine what's working and what - if anything - to adjust in order to stay on budget.
We understand that growth often happens unexpectedly and budgets can go out the window before the end of the year. With the Growth Plan, you'll have the opportunity to have us rework your budget numbers mid-year to create an updated forecast for the rest of the year. With this level of support you'll be armed with the financial information you need to help grow your business.
In addition to the services under the Growth Plan above, with the Leadership Plan you'll have the benefit of a dedicated, seasoned financial leader as a sounding board and advisor to support your business decision making.
A weekly call with your financial leader will provide you with an opportunity to discuss business and financial strategy, analyze options as you make decisions, and think creatively about how to leverage the opportunities in front of you.
Your financial leader can also support you in managing and enhancing relationships with key customers, suppliers, lenders and investors as well as your staff.