BACKGROUD:

During the current recession lots of small business close down or file bankruptcy due to industry trends, economic cycles,or specific company circumstances or lack of cash flow budgeting and poor control of monthly income and expenses.

CASH FLOW BUDGET:

The cash flow budget is used to project your business cash inflows and outflows (cheque and cash payments) over six or twelve months. It has many important uses. It can predict the ability of your business to create the cash flow necessary for expansion or to support you. It can project your business’s cash inflows and outflows and predict your business cash flow gaps (periods when cash outflows exceed cash inflows) It can also be used to prepare a formal cash flow budget for your lender to help assure the lender that you will have the cash available to pay back the loan etc.   

CASH FLOW BUDGET AS CONTROL TOOL:

Cash flow budgets serve as a control tool to provide standards for evaluating cash flow performances.

A cash flow budget is used to determine anticipated cash inflows and outflows (cheque and cash payments)  so that the business maintains the optimum level of cash flow (cash on hand being a non-earning asset) It also provides information whether or not additional financing is required to address cash flow shortfalls.

A cash flow budget includes all transactions having cash flow implications like cash collections, accounts receivables, cash sales, proceeds of borrowing, cash disbursements stock purchases, expenses, bank loan repayments (including interest), tax etc. The cash flow budget reflects a net cash flow balance which is carried over to the next period.  

Cashflow is the life blood of your business and by controlling your Cashflow “hands On” You actually control every action and transaction of your business

Proper cash flow control is crucial for your small businesses. If your income drops below target, something has gone wrong and you’d better find out, if your profit margins are still intact and calculated correctly

Budgets can be linked to road signs that guide us along a journey to our destination. Budgets, like road signs will:

Keep us on the right road to our final destination.

They will show us the easiest route to get there.

They will let us know how far we have traveled and how much further we have to go.

They also warn and prepare us for possible danger ahead.

REMEMBER: Business turnover is “vanity” Business profit is “sanity” Business cash is “reality”

CASH FLOW BUDGET & CONTROL BENEFITS:

• Avoid Bankruptcy
• Satisfy creditors based on what your business can afford
• Spend less time dealing with creditors, collection agencies and attorneys
• Spend more time creating revenue and optimizing your business
• Keep your doors open and retain management control
• Avoid unnecessary legal fees
• Balance your budget and manage cash flow
• Preserve supplier relations and keep vital supply lines open
• Rebuild your credit and credibility

OUR AFFORDABLE AND CUSTOMIZED EXCEL BASED SOFTWARE CONSISTS OF THE FOLLOWING . 

SMALL BUSINESS CASH FLOW BUDGET & CONTROL

The small business cash flow budget and control program covers the following factors:

Cash Flow Budgeting, Financial Recordkeeping, Petty Cash & Bank Control, Monthly Budget Monitoring and Monthly Bottomline Report

Main benefits: To control your small business cash flow and finances effectively. We believe that you by following the how to guide will be able to control your cash flow hands.

SMALL BUSINESS INVOICING AND DEBTOR CONTROL  

To help you to run your business professionally and to control your debtor book effectively, Mi-Biz Software developed specially for small businesses an affordable excel based invoice program customized with your company logo .

The invoicing & debtor control program covers the following factors:

Invoice register, company set up, client data, invoice, invoice register, debtors age analysis and customer statement

Main benefits: To professionally issue invoices and to control your invoices and outstanding debtors effectively. We believe by following the how to guide you will be able to render professional invoices and to control your debtor book effectively.

SPECIALLY DESIGNED SMALL BUSINESS CONTROL PROGRAMS   

To help you to run your business professionally we design and develop any program excel base or otherwise that you may need to grow your business effectively .

The specially designed customized programs could cover the following factors:

Stock, creditors, vat, salary slips, payroll management, warehouse management, staff time keeping, record keeping or any kind of program you may need to operate your business successfully. 

For a FREE ! quote, please email contact details, town and the kind of program required to us;