Financial forecasting for your hospitality business
We work with clients throughout their whole journey, including at the planning stages before they have opened their bar or restaurant.
Some of the ways we can help include:
Financial forecasting and budgets for hospitality clients
We provide detailed financial forecasting and budget services for our hospitality clients broken down by period.
We will work with you to set bespoke budgets and then report against the budget each period. Budgets are essential for planning and measuring performance against actual results.
These include:
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Cash flow forecasts
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Profit and loss forecasts
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Balance sheet forecasts
We provide this in a format suitable for you to present to your stakeholders or bank manager.
Internal controls
We can advise and provide you with a suite of bespoke tools to aid your team in controlling costs on a day-to-day basis.
Financial forecasting for your hospitality business idea
If you’re looking to set up a hospitality business or have an idea to expand your current operations, we can help by providing financial forecasting.
This is how it works:
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You come to us with an idea for your business.
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We ask you questions about your financial operations.
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We use these answers to produce a financial forecast to see if your business will be viable.
These financial forecasts can also be used as part of a business plan to take to investors.
Enterprise Investment Scheme for start-ups
The Government's Enterprise Investment Scheme (EIS) allows start-ups to raise money for your company.
The EIS helps your business to raise money of up to £5 million each year (to a maximum of £12 million in your company’s lifetime) by providing tax relief to individual investors who buy new shares in your company.
We help clients apply for EIS tax relief by completing the application process to ensure their business will qualify.