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of the month


“Our speakers have been chosen for their expertise and insight and they will share fascinating content throughout the day.” said Bull: businessinnovationsouth.com/ speaker-and-workshop-sessions


There will also be speaker panels focusing on such subjects as “Navigating the path to becoming sustainable” and the Hampshire Chamber of Commerce will host a “Chamber of Solutions” session bringing together a panel of senior leaders from within the Chamber, taking the format of an ‘ask/challenge the experts’ where businesses can bring short sharp business growth issues, for panel response.


There will be eight workshops running throughout the day where visitors and exhibitors can have a more interactive learning experience looking at everything from “Digital acceleration,” “HR urban myths that are hurting your business”, “Creating the perfect content strategy” and “How to lead innovators” to “Effective cyber security planning”, “Financial opportunities and pitfalls for start-ups and scale-ups”, “CRM: Do you need better processes or a better system? Choosing the right horse for the course” and “Intellectual Property: getting the basics right”.


There are only 16 spaces available for each of the workshops so places do need to be booked and there is a small charge of £5 plus VAT to secure a place plus refreshments.


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Why cashflow forecasting is vital for a sustainable business


writes Jane Wills, partner, Haines Watts Slough


In the current crisis, many business owners will be checking their company’s cashflow position. While a robust cashflow forecast should always be a key part of your business planning, now more than ever it will become vital in dealing with the business impact of the current crisis.


An accurate cashflow forecast will give you an understanding of when cash is coming in and out of your business. All businesses should ideally have a 13-week (one financial quarter) rolling forecast, as well as a ‘what if’ series of options to add robustness to the planning. This will strike the right balance between the information being accurate but also letting you see far enough into the future to plan for any problems.


Cashflow should be one of your key drivers when making decisions; reviewing it regularly will assist you in both day-to-day and bigger picture planning. From accurately judging the affordability of growth projects to giving you a head start on planning for outgoings that may prove problematic. This could be through chasing owed debt or accessing funding.


Forecasting gives a picture of the ups and downs in your future cash pipeline, giving you a model for looking forward in time and getting a handle on when you may be cash poor. That information is crucial and gives you foresight and an ability to plan.


For more information:


01753 530333 slough@hwca.com


hwca.com/accountants-slough/


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THE BUSINESS MAGAZINE – MAY/JUNE 2020


businessmag.co.uk


9


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