A rolling 13-week forecast
Thirteen weeks is long enough to see problems coming and short enough to be accurate. Update it weekly with actuals. Most owners find the exercise itself changes decisions before the numbers do.
Get paid faster
Payment terms are a negotiation, not a law of nature.
- Invoice the day the work completes, not at month end
- Include a payment link on every invoice
- Take deposits on anything above a threshold you set
- Chase at day one past due, politely and automatically
Protect the outflow side
Align supplier payment runs with your receipts, spread annual costs monthly where there is no premium for doing so, and keep a buffer equal to at least one month of fixed costs.
Want this reviewed for your business?
Send us a recent bill and a consultant from our Cardiff office will tell you, honestly, whether you are paying more than you need to.