Cashflow Forecasting & Scenario Planning
Poor cashflow is the number one reason businesses fail and we want to help you review and develop a Budget / Cashflow Forecasting and Scenario Plan to manage the impact Covid-19 will have on your business.
Cashflow planning is best practice in any business and critical to survival and growth. Setting targets and monitoring your actual cashflow against your forecast will enable you to predict large cash outflows and respond to changes in your business. Whether your bank has requested a Cashflow Forecast or not, every business owner needs an understanding of cash and liquidity for better decision making.
Understanding the difference between profit and cash and your business Cash Conversion Cycle is essential for your business viability in the long-term. Profitable businesses can experience extreme cashflow problems, just as unprofitable businesses can survive if they are well-funded.
We will work with you to produce a 12 month cashflow forecast, with various scenarios. This is a collaborative approach, we will rely on your knowledge of your business and agree assumptions in preparation of the budget or cashflow forecast.
One Page Business Model Review
We want to help you review and develop a One Page Business Model to ensure your business is fit for the post Covid-19 “new normal”. This back to basics review will consider whether your existing business model is still appropriate.
Our One Page Business Model Review starts from the premise that if you started up your business today, knowing what you now know about running your business, how would you set it up it from scratch. It is easy to continue operating the way we always have. However new practices, including advances in technology, may have changed the way your competition operate; often more streamlined and with lower overheads.
What does your business do and why should people come to you rather than your competitors? What would your services look like, how would you price and market those services? What are the characteristics of your ideal customer? What would your terms and conditions look like? What would your payment terms be? What systems and technology would you use?
Our approach for the review is collaborative and involves pre-work, either one 4-hour or two 2-hour on-line facilitated planning sessions and developing a plan to implement. This service is designed for business owners who have been in business for several years or those seeking to start a new business, to reflect on their business model in a structured way.
Business Continuity Planning - Workshop
We want to help you develop a plan to minimise the impact the Covid-19 pandemic will have on your business and take advantage of opportunities that arise in a changing world.
Our Business Continuity Planning service will help you identify the actions you need to take to prepare your business for the impact of Covid-19. Read the benefits for your business below.
Our approach to develop the plan is collaborative and involves pre-work, either one 4-hour or two 2-hour face to face or on-line facilitated planning sessions and developing a plan to implement. The service is designed for business owners to ensure they build resilience, preserve profitability, cashflow and employment for their team and survive through this difficult time.
Business Continuity Plan Review - DIY
We understand many business owners will want to develop their own Business Continuity Plan and our DIY Plan review provides business owners with guides and templates to create their own.
We follow up with a 90-minute meeting to review and finalise your Plan. This ensures you are provided with accurate and logical advice to help minimise the impact of the Covid-19 pandemic on your business.
Our approach to develop the plan is collaborative and involves pre-work, supplying a plan template and guide for you to prepare your first draft plan and then a 90-minute face to face or on-line meeting to finalise the plan in order to begin implementing it. The service is designed for business owners to ensure they build resilience, preserve profitability, cashflow and employment for their team and survive through this difficult time.