Best Business Consultants in Yate

🔢Last time I spoke about vision, but “A Vision is nothing without a Plan to execute it.” You need to know WHERE you are going, and you need to know HOW you are going to get there. Look ahead, forecast. A 12-month Profit & Loss and Cashflow Forecast. 🔎First, identify your key Revenue streams, maximum 5. By type of product, activity, whatever makes sense to YOU. Break down your total revenue into smaller segments, so you know where that total number will come from. ⚡Next check each line of your P&L – there will be changes, energy costs for example. Has your forecast taken into account all relevant factors of which you are aware? ❓Now what does the year-end profit figure look like? Is it acceptable to you and do you have the cashflow to get you there? If not, you’ll need to play “What/If” scenarios until you reach a plan with which you are comfortable and is realistic. ℹ️ Initially I do this on a spreadsheet, as I can adapt it into a language that makes sense to you. It should not be a mass of numbers, but an understandable plan. ➡️It’s not always easy, so if you’d like a free template, or free 60-minute session about how to apply this to your own particular business, please message me directly. Remember, a dream without a plan is just a wish.