Call now for a FREE INITIAL CONSULTATION
Many small and medium sized businesses are struggling to manage cash flow and stay afloat through the toughest credit conditions in almost two decades. Kedwell & Co can help you manage your business cash flow.
The first step in managing cash flow is to know your business's balance sheet. Your business must have a correct balance sheet that provides all the information about your business's assets and liabilities (including inventory, debtors and creditors). Kedwell & Co can review your business's balance sheet to ensure it is correct and up-to-date.
The second step is to construct a cash flow budget. Business owners should update and review their business's cash flow budget on a regular basis using conservative revenue and expense estimates. This will provide an early warning system for potential cash shortages. Kedwell & Co can implement a proven cash flow budget reporting method for your business.
Finally, Kedwell & Co can establish the many additional practices your company can undertake to manage and improve your cash flow - for example, from having effective customer account applications, through assigning responsibility for ensuring that the credit billing and collections functions are handled properly, to improving margins by improving business operations. Kedwell & Co can work with your business to identify all the additional measures you can take to improve cash flow, and then actively participate in and manage the introduction of those measures into your business processes.
Liability limited by a scheme approved under Professional Standards Legislation
Website created by Kedwell & Co