Cashflow Forecasting


Whether you’re a small business startup, or an established medium size business, cashflow forecasting and management is detrimental to the overall operation of your business. Making sure you have enough cash coming in to cover your running costs seems simple, but in practice, dealing with untimely customers and suppliers and can be daunting.


What is a cashflow forecast?

A cash flow forecast is designed to predict your cashflow for an upcoming period. It is made by estimating your businesses’ incomings and outgoings, primarily your income and expenses. Cash flow management is important because at the end of the day, we all need a little money in our pocket!

As a business owner, you need to ensure that your business is able to meet everyday commitments – whether it’s stocking up on Australia Post bags, meeting the rent for your premises, or paying your staff. While it’s not an exact science, a cashflow forecast can help you to plan for the future, and it is an important consideration when it comes to goal setting.


Cash flow management strategies

We like to think our cash flow management services are a little special. At Growth IQ, we don’t just tell you what to do – we walk you through each scenario. We help you understand not only how to prepare a cash flow forecast, but you how to understand your overall business numbers. Our expert team at Growth IQ:

  • Forecasting numerous scenarios to provide a clear picture about cash position for any given situation
  • Put safeguards in place to mitigate any risks well in advance
  • Use modern software to present a clear picture

We love graphs! Taking the time to ensure you understand every aspect of your business is important, as it ensures you know where you stand, and what your position could be. Our software enables us to work as though we have a crystal ball, presenting a 360 degree view of your business! Cash flow forecasting and management reduces risk, helps to maintain your liquidity, and ensures you streamline your processes to make business outcomes as predictable as possible.

What our clients say

Mel and Marks Cleaning Services Adelaide - Client of Growth IQ

As a fast-growing business, we found ourselves in a situation where we needed to get up to speed on the business operations, finances and cash flow. We knew we needed an accounting firm to do more than just prepare our BAS’s and Tax Returns and tell us how to stay out of trouble. We needed a team with the capability to take on several key financial functions and consult with us on a regular basis. From day 1, Growth IQ have taken the time to learn our business, Mel and Mark’s Cleaning Services, and become our external CFO that asks us the tough questions. Their team has brought financial expertise to us and is letting me focus on our service offering.

Mark Floreani – Mel and Marks Cleaning Services

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