Business Plans and Forecasts
Business plans and forecasts can take many forms and be used for a variety of purposes. Whether for internal management and growth assessment or for use in applications for external funding, Watling & Hirst can assist you.
As accountants and business advisers we can offer assistance in formulating internal cash flow forecasts and profit projections which will assist in the management of working capital on an ongoing basis.
Our business relationships with local representatives of national lenders enables us to present applications for additional funding or facility renewals in a form acceptable to the banks and in a way so as to maximise the likelihood of a successful outcome.
We have experience dealing with a wide variety of businesses and organisations both within the Chichester area and at a national level, so as to be able to provide input regarding likely income and expenditure streams.
The main features of our services in this area include:
Preparation of cash and profit forecast
Providing an insight into working capital requirements and management
Assessing and balancing loan and overdraft funding requirements
Preparing business proposals for bank scrutiny
Recommending the most effective business structure and capital funding from business and taxation perspectives
Appraisal of business proposals
Due diligence in respect of business acquisitions
Advising in respect of business exit strategies
Preparation of projections for tax planning
If you would like assistance with the creation or review of any of the above and an assessment of the resultant taxation position, then please contact us.