Forecasting and business planning

Have you considered where you would like your business to be this time next year and the year arrow peopleafter that?

Do you want to have a better understanding of your future cash flow requirements, or more a more realistic and accurate budgeting process to help you run the business day to day?

Are you looking to raise finance from a bank or another investor?

If yes, then you will need to have robust financial and cash flow projections to help you to develop the business plan and demonstrate to others that your estimates and assumptions stand up to scrutiny.

Budgeting and forecasting

Budgeting will help you to control costs, overheads and it will provide you with your business spending limits.

By using variance analysis, we will compare your projected budgets against the actual results, then we will look behind the numbers to find out the stories behind each variance and help you to take the actions necessary to get you back on track.

Forecasting your profits and losses and cash flows are an essential to accurately predicting the future performance and requirements of the business. If you know where your are at, where you are going and what you will need to get there, it will become easier to plan, deal with unexpected events and convince others to buy into your vision for the business.

We can help you to:

  • Calculate accurate budget forecasts for the business and individual business units.
  • Produce management accounts.
  • Manage succession in the business and significant exits.
  • Plan for future acquisitions and disposals.
  • Develop the financial, management and forecast information that will enable you to develop a robust business plan.
  • Develop key performance indicators – both financial and non-financial – to help you to improve business, department and individual employee performance.
  • Analyse cashflows to improve product/service profitability.
  • Develop your pitch to the bank and/or other investors in order to secure additional finance.

We will also help you to understand what impact any changes or deviations will make to your forecasts. We’ll pinpoint the sensitive points and areas of potential risk so that the appropriate controls and KPIs can be set up to monitor going forward.


We can help you to produce forecasts and projections for a wide range of purposescompass, including:

  • Start-up or established business looking for additional finance.
  • If you are looking to purchase a business, new premises or new plant/equipment.
  • Help you to access grants and other economic incentives available from regional development agencies, central and local government bodies.

Using financial modelling techniques and software, we will help you to produce full financial forecasts (profit & loss account, balance sheet and cash flow statements) which will help you. Especially if you are planning to raise finance to grow the business, sell the business, or quite simply, you need more clarity over what’s up ahead for you in the years to come.

These can be produced on a one-off basis or on a rolling basis, whatever your requirements are we will be able to accommodate your request. Funding options >more

Business planning

Whatever stage you are at: starting out, going through a period of growth/expansion, restructuring the business, entering new markets or you are seeking investment from banks or potential investors, it is essential to prove that your business ideas are economically viable in black and white.

We will work with your to develop your business plan, identifying areas where your strategies can be improved, whilst highlighting both the potential risks that may arise both now and up ahead as you implement your plan.

What will we help you to do?

  • Review your current business situation, including: strengths, weaknesses and risks.
  • Examine the potential opportunities you can exploit today and with some additional development/investment what you could exploit in future.
  • Financial projections, budgeting and forecasts.
  • Product/service analysis in terms of contribution and profitability.
  • Market research – customers, potential customers and competitor analysis.
  • Management and key team members: skills, capabilities and expertise, and any development/training needs required.
  • Develop your action plan which will inform the business plan and help to focus your efforts, resources and time management.