Business Planning

Running a business without planning and forecasting the outcome of cash flows as well as profits is likely to invite disappointment or even disaster.

Forecasts and Plans

In business no matter how well things appear to be going, planning the year ahead and regularly monitoring the plan as the year progresses is essential.

Planning a business however calls for accurate and detailed forecasting; not just for profits but for liquidity and cash flows. This is because if cash becomes tight, the forecast profits are unlikely to be achievable and if cash runs out the business could be at risk of failure.

How to Produce the Forecasts

Those forecasts are what produces in a simple, straightforward and comprehensive fashion. They include gross and net profits, balance sheets, budgeted monthly cash flows and bank balances, corporation tax, business ratios and analysis of overheads, assets and liabilities. The system also automatically calculates and applies all VAT transactions.

Forecasts (up to a hundred full sets) can be saved and retrieved for updating or amendment on demand, instantly and in real time. Figurewizard is unique in this respect.

See for Yourself

To take a look at working examples of the forecasts, select from the menu on the left or from useful links below. All of these example forecasts can be amended by visitors to learn how Figurewizard can work for your business or if yours is an accountancy or consultancy firm, on behalf of your clients.

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