Cash Forecasting, Fixed Assets, and Financial Budgeting
Avoiding a cash flow crisis starts with allowing Huntington Group to manage your cash forecasting, fixed assets, and financial budgeting. We can help you develop both short-term and long-term cash flow projections to help you manage cash and develop an optimized financial strategy to meet your unique business needs. Services and benefits include:
- Cash flow projections
- Cash management
- Obtain an appropriate line of credit
- Accelerate cash collection processes
- Obtain the maximum return on your idle cash
- Effective payment and collection processes
The secret to a successful business is positive cash flow. When your cash-in exceeds your cash-out, your business will inevitably thrive.
Cash forecasting services from Huntington Group allow you to know when, where, and how your cash needs will occur. Additionally, you will know what the best sources are for meeting your additional cash needs. Furthermore, you will be able to access these sources by keeping great relations with banks and other creditors.
A cash flow crisis can be devastating to your business. All industries inevitably experience a cash crisis. Such crises can take an emotional toll on your business, and—without adequate cash flow management—can render your business inoperable.
Fixed assets include all tangible property that are owned by a company or organization in order to generate income. Generally, fixed assets (also known as corporate assets) are long-term assets that are not expected to be consumed or converted for profit for a year or more. Common examples of fixed assets include property, plant, and equipment.
Records of a company’s fixed assets can tell a lot about its financial health. Well-maintained records of fixed assets help create accurate financial reporting, accurate valuations, and more-thorough financial analysis, all of which help determine the financial health of a business. Investors and financial creditors use these assessments when determining whether to lend money to, or invest in, an operation.
Good financial budgeting can improve a company’s liquidity, reduce costs, and increase total profitability. With Huntington Group, you can maintain optimal cash flow levels by budgeting accordingly. We will analyze your spending and re-balance your budget and debts to create an optimal cash flow for your business.
Contact Huntington Group Today
At Huntington Group, we can help your company survive a cash flow crisis.
We can more accurately track the value of your company through assets, income, and expenses in order to better understand the financial health of your company today and in the future. By better understanding your cash flow situation, we can more accurately predict where your company will be tomorrow, next month, or next year. Contact us today.