HOME ABOUT US SERVICE LINES BLOG CAREERS CONTACT US Financial Projections Financial Projection Services Whilst financial projections are often requested by the business lender, many astute business people understand the importance of “looking to the future” and prepare financial projections as a matter of best practice. Drummond Laurie provide this service to a growing number of clients who wish to set budgets and anticipate any upcoming problems and pressure points in their cash flow. Whilst many people have implemented this discipline over the recent recessionary years, the fact is that more businesses will face cash pressures as the economy emerges from the difficult years and they begin to experience growth again. Funding the working capital required to grow their business needs planned. We are now regularly working with clients to plan this growth, often examining how this can be funded through more efficient working capital management rather than seeking external funding. This can mean changing credit control procedures to improve cash collection, negotiating better terms with suppliers, reducing lead times on procurement to allow lower stock levels to be held, etc. We can demonstrate the impact of small changes in these areas on our client’s cash flow. For a growing number of our clients who have engaged us to prepare financial projections we update these and reforecast at regular intervals during their financial year to ensure that their cash flow projections reflect current performance and updated expectations. Download our Autumn Statement Click here to download it now SERVICE LINES Audit Auto Enrolment Business Advisory Financial Management Credit Control Financial Outsourcing Financial Projections Management Accounts Preparation Payroll Statutory Accounts Preparation Tax Compliance Tax Planning VAT Returns "I had no prior experience of Drummond Laurie or their team until last year when we had a need for some help with the production of monthly management accounts for one of our group companies. Our reporting deadlines are very tight, however, Drummond Laurie have been able to not only meet these every month but in addition they have been able to make the whole process more efficient, which has reduced the time taken and our costs too. In my experience to date, the team at Drummond Laurie are professional and efficient in what they do and have also been friendly and easy to get along with. I would not hesitate to recommend them to any similar business in need of on-going accounting services." − IAN KING, COMPANY SECRETARY, CARRON PHOENIX LTD Let's Get Started: CONTACT US LINKS Home Services About us Blog Contact RECENT NEWS Autumn Budget Summary Exam Success MTD VAT & DD Payments GRANGEMOUTH Drummond Laurie Grangemouth Unit 5, Gateway Business Park, Beancross Road, Grangemouth, Falkirk, FK3 8WX Tel: 01324 441250 email: David Wheeler PERTH Drummond Laurie Perth Algo Business Centre, Glenearn Road, Perth, Perth and Kinross, PH2 0NJ Tel: 01738 450415 email: Ian Bilsland © 2021 Drummond Laurie. Terms - Privacy - Photography