No matter what sector you work in, cash flow shortages can cause plenty of stress.
Whether that’s issues paying suppliers, looming overheads, or trying to retain savings, cash flow management can help. The outlook for the current economic climate remains challenging for businesses. Whilst growth and recovery are slow, companies need to be cautious and well-prepared going into 2024.
So, to help you get a better idea of what this could mean for you, cash flow forecasting can provide much-needed clarity and preparation where it counts.
We’ll touch on some of the cash flow forecasting best practices in this guide, as well as:
- Outlining the importance of cash flow forecasting
- Best practices you can use in your forecasts
- How Time Finance can help you
Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans. Time Finance can fund businesses or arrange funding with their trusted partners through Asset Finance, Invoice Finance, Business Loans, Vehicle Finance or Asset Based Lending.