Build Your Business Financial Roadmap to Freedom
Poor management of '....cashflow is responsible for up to 90 percent of small business failure' - small business.co.uk
Managing the Money-Side of Your Business is Vital For Sustainability and Survival.
'I learned a great deal about how to put profit first, plus how to keep my artistic integrity and pursue the gap between a financially viable commercial photographic career and a flourishing art practice.
Thanks for the financial documents - these are great! It’s really helpful to see these figures down on paper; it frees up space in my head to get on with the creativity!! Finally, I can see a financial future!'
—Karen Roswell Photography for the Soul
Build Your Business Financial Roadmap, a Solid Path to More Clarity & Cash. It's a 5 week 'Do it with you' program that gives you a reality check, decodes and declutters your business money and helps you forecast and create a great financial vision.
In this program, you will learn how to:
Understand your numbers. You'll also know what questions to ask your accountant so that you delegate and not abdicate your financial management
Plan your profitable pricing strategy for existing and future services & products. You will also understand your company's margin to see how your business can be more profitable and not inadvertently undercharge and be making a loss without realising it.
Use your sales & expenditure forecast to test your ideas and help you lower risks and seize opportunities
Get paid quicker. Many businesses delay invoicing for their services and when they do they might not don't get paid. We'll advise on payment terms so that you get cash in faster.
Save on late fees and penalties. We'll show you how to easily monitor your money on a regular basis so all deadlines are met
Do regular expenditure analysis to see where you can reduce or align costs to meet your profit goals and achieve your vision
4x 60- minute sessions by Skype or Zoom. We will have one Skype/Zoom session per fortnight. I will also be working on your budget and cash flow forecast in between our sessions.
You will have email support in-between sessions.
You will receive a funky welcome pack and we will begin with a vision session. During the session, together, we will design your ideal business model and determine where you want to be in 1-3 years.
I will do a fitness test on your company's existing financial condition by doing an analysis of your profit and loss account, balance sheet and cash flow statement. You can print these from your accounting software or give me temporary access.
I will talk you through my analysis in plain English, not 'accountantese' so that you know what story your numbers are telling about your business.
Together, we will then start preparing your dynamic rolling budget and cash flow forecast, with best and worst case scenarios. I will finish them and input the budget to Xero or a dedicated cash flow software.
I will also show you how Xero can be updated regularly with actual figures and compared to the forecast to monitor your progress towards your goals.
Your dynamic budget and cash flow forecast will be living tools that put you in the know about your creative business, keeps your finger on the pulse and help you make better financial decisions.
Build a Financial Roadmap for Your Business
Ally O'Meally-Watson, The Business Finance Coach and Chartered Management Accountant for Creative Women Entrepreneurs
Guarantee: If after the first two sessions, you find that this program is not what you need, you can cancel the program and not be liable for further payments.
Email ally@businessbright for an information pack on building your Financial Roadmap to Freedom and we will also send you our 13 Week Rolling Cash Flow Template with instructions to get you started on managing your cash over the next quarter and beyond.