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Cashflow Projections

Cash flow management can be a tricky business, particularly for owner-managers of small or medium sized companies. The ability to balance the receipt of cash in a business with the payment of bills as and when they fall due is a critical function in any business. Many owner/managers either fail to understand, overlook or simply ignore the importance of cash flow management and they do so at their peril. In fact, poor management of cash flow is often cited as the primary reason for business failure.

Businesses can implement a number of steps to help manage their cash flow. At Anne Brady McQuillans DFK, we help clients use a systematic approach to take control of their cash flow in order to protect the business's short-term reputation and position it for long-term success. The following list of measures illustrates some of the key areas that any cash management strategy should address:

  • Use a structured, well defined approach to credit control
  • Be careful of substantial financial commitments
  • Prepare a forecast
  • Manage your creditors
  • Look for warning signs
  • Develop a good relationship with your bank

If you would like to know more about our services in this area, please contact Anne Brady on 01 478 6600 or email abrady@annebrady.ie