Who would benefit from a Business Growth Review?
The Business Growth Review is for all businesses who want to make significant financial changes to their business in the coming year and need to fully understand the implications of these changes.
This review is eligible for the government’s Growth Vouchers Scheme. More information available here.
Are you thinking of taking on new premises or employing a bigger team?, How will this affect your growth potential and when does it start to affect the cash flow? Is a bigger cash investment or extra bank funding required? All these questions can be answered. This forward forecasting and planning service can help you more easily look at several different investment scenarios and work out which one is going to be right for your business.
What you’ll get
A face to face meeting to discuss the following:
- Understand your current position
- Clarify your business objectives and targets
- Define the various scenarios that can be achieved
- Look at resources and whether extra financial resources are required
Then I use specialist software to work your numbers and scenarios into a forward looking forecast and budget for the next financial year, with a profit and loss, balance sheet and most importantly a cash flow forecast. These reports are not historical they look at what will happen with the changes you want to make to the business and vitally the impact of these changes on your business’ financial security. We can run through several scenarios as with my help you you assess the impact of the proposed routes the business can take.
How will you benefit?
By understanding in advance the impact of these financial investments and changes on your business, you are able to plan for changes in your cash flow, prepare with additional finance, if necessary, and take control of the changes to ensure you achieve the desired end results and level of profitability.
What clients say about this service…
“As a small but rapidly expanding business we weren’t always convinced of the value of management accounts until we started working with In the Black. The management accounts provided by Jean and her team are now a core part of the business, and have helped us not just fix some of the problems we had, but more recently have allowed us to model and plan for the future, to take calculated risks supporting our growth strategy.”
Paul Service – CommsLearning (e-learning provider)
“We have recently moved premises and added additional staff to maximise the benefits of the move. I was sceptical about preparing a detailed budget as I can’t really understand the benefits. But having been through the process I’m really glad I did as it has opened my eyes to the costs and impact on the business and really focus on improving profitability.
Jill Leach – Cridfords (Prestige used car showroom)
Ready to talk?
To take control of your business’ future and accurately financially plan for its continued success, book your Business Growth Review today. Call Jean on 01483 222858 or email firstname.lastname@example.org.