S.R. Accountancy is also pleased to offer the following services It is just as important in England as it is in Spain, to know if your business is making a profit, or whether it will have a negative cash balance in three months time.
Sharon who is a qualified English Accountant believes that every business regardless of where they are situated, should produce a profit and loss budget and a cash flow budget.
Profit and Loss Budgets
In this present climate it is important for every business person to know exactly how much profit their business is making and if the costs of advertising, is increasing revenue like the advertising agency promised.
In Spain it is normal practice for your Spanish Accountant to produce a Profit and Loss, at the end of the financial year when sometimes it is too late for your business to act. If you would like to know on an on-going basis how your company is progressing then contact me.
Cash Flow Forecasts
A cashflow forecast is a statement which will help you predict your cash balance.
Many companies struggle to succeed as they do not understand the importance of preparing a Cash flow forecast.
Cash is a key element to every business and it is important for every business to be able to predict a negative cash balance before it is too late.
Remember that Profit and Cash flow are two different beasts!
If you would like to know on a monthly basis whether your company is meeting expectations, by following an easy understandable spreadsheet then contact me for further information. |
