Do you know where you want your business to be in 6, 12 or 18 months?
The answer is generally ‘maybe’, ‘yes’, sometimes even ‘I’d love to know where I want to be in 6 weeks let alone 6 months!’
Deep down we all acknowledge that we should know where we are heading and that by ensuring that we take the time and effort to undertake this in a structured and logical manner, we gain an advantage in achieving the business outcomes we desire and work toward avoiding the outcomes that we do not desire.
MP+ work with you to create 3 way projections for your business, this ensures you are planning for performance, cash flow and building your asset position. We’ve attached an example report so you can see the quality and depth of the projections.
You can then monitor the business against these throughout the year to ensure you are on track.
Many businesses will also use the projections as part of their business plan or to undertake an evaluation of a major business decision and the potential impact of that decision on the business performance and cash flow.
If you have not already created your forecasts for the next 12-24 months then consider undertaking this soon.
MP+ will meet with you to understand your needs and then work together to prepare the projections. See an example of our 3 way projections here. You can also access some basic projection resources free of charge via our website if you wish to undertake this yourself.
To create 3 way projections for your business – contact us here.