{"id":583,"date":"2021-12-06T09:29:21","date_gmt":"2021-12-06T09:29:21","guid":{"rendered":"https:\/\/www.northlondonbookkeepers.com\/?page_id=583"},"modified":"2022-03-01T14:49:45","modified_gmt":"2022-03-01T14:49:45","slug":"budget-and-cashflow","status":"publish","type":"page","link":"https:\/\/www.northlondonbookkeepers.com\/budget-and-cashflow\/","title":{"rendered":"Budget and cashflow"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"583\" class=\"elementor elementor-583\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fde125f elementor-section-full_width elementor-section-height-min-height elementor-reverse-mobile elementor-section-height-default elementor-section-items-middle\" data-id=\"fde125f\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4267dbc\" data-id=\"4267dbc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-88e4e1e elementor-widget elementor-widget-heading\" data-id=\"88e4e1e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Budget and cashflow<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-71fbad9c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"71fbad9c\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6126f41\" data-id=\"6126f41\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-1095b44 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1095b44\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-22777d9\" data-id=\"22777d9\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bd88e6f elementor-widget elementor-widget-image\" data-id=\"bd88e6f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img width=\"800\" height=\"565\" src=\"https:\/\/www.northlondonbookkeepers.com\/wp-content\/uploads\/2021\/12\/the-workplace-of-business-people-graphs-and-chart-business-table-hand-holding-pen_t20_NGLvyN.jpg\" class=\"attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.northlondonbookkeepers.com\/wp-content\/uploads\/2021\/12\/the-workplace-of-business-people-graphs-and-chart-business-table-hand-holding-pen_t20_NGLvyN.jpg 1007w, https:\/\/www.northlondonbookkeepers.com\/wp-content\/uploads\/2021\/12\/the-workplace-of-business-people-graphs-and-chart-business-table-hand-holding-pen_t20_NGLvyN-300x212.jpg 300w, https:\/\/www.northlondonbookkeepers.com\/wp-content\/uploads\/2021\/12\/the-workplace-of-business-people-graphs-and-chart-business-table-hand-holding-pen_t20_NGLvyN-768x542.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-6e035cb\" data-id=\"6e035cb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-306fbc42 elementor-widget elementor-widget-text-editor\" data-id=\"306fbc42\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Many SMEs do a budget or cashflow forecast when starting the business but then it just gets left. The problems of dealing with day to day challenges can mean you miss out on the bigger picture.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-ab03083 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ab03083\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-custom\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-fd95aaf\" data-id=\"fd95aaf\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1e41205 elementor-widget elementor-widget-heading\" data-id=\"1e41205\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Budget<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-289c57c elementor-widget elementor-widget-text-editor\" data-id=\"289c57c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>A budget is a plan which helps you to<\/p><p>Control the finances of the business<br \/>Helps management to make financial decisions with confidence<br \/>Gives greater clarity on what funds might be available for current or future projects<br \/>A budget allows the business to continually track where they are financially and can help attract potential investors. In order to be effective management need to continuously refer to and update the budget.<\/p><p>Budgeting is particularly important for small businesses because the funds can often be limited and even minor changes in income\/ costs can have a major impact.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ebd0146\" data-id=\"ebd0146\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4c3f129 elementor-widget elementor-widget-heading\" data-id=\"4c3f129\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Cashflow Forecast<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0dbe2c9 elementor-widget elementor-widget-text-editor\" data-id=\"0dbe2c9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>A company can be profitable and still run out of money. Your customers may pay you at a later date than you need to pay your suppliers. A cashflow forecast is a plan of how and when funds will move into or out of your business. It will give you a better understanding of what your bank balance will be and what you can afford to pay out.<\/p><p>Once you\u2019ve done your cashflow forecast you need to keep it updated with your accounting transactions. So if a customer is late paying you can see what impact that would have on your business.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1002fa0b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1002fa0b\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b4b7501\" data-id=\"b4b7501\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-187899a elementor-widget elementor-widget-heading\" data-id=\"187899a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Do you need help with your budget and cashflow?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f9b0c17 elementor-widget elementor-widget-text-editor\" data-id=\"f9b0c17\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tFill out the form and we will call you back within the same working day\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-7f3fe9e\" data-id=\"7f3fe9e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-668c1aa elementor-button-align-stretch elementor-widget elementor-widget-form\" data-id=\"668c1aa\" data-element_type=\"widget\" data-settings=\"{&quot;step_next_label&quot;:&quot;Next&quot;,&quot;step_previous_label&quot;:&quot;Previous&quot;,&quot;button_width&quot;:&quot;100&quot;,&quot;step_type&quot;:&quot;number_text&quot;,&quot;step_icon_shape&quot;:&quot;circle&quot;}\" data-widget_type=\"form.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<form class=\"elementor-form\" method=\"post\" name=\"Call back form\">\n\t\t\t<input type=\"hidden\" name=\"post_id\" value=\"583\"\/>\n\t\t\t<input type=\"hidden\" name=\"form_id\" value=\"668c1aa\"\/>\n\t\t\t<input type=\"hidden\" name=\"referer_title\" value=\"\" \/>\n\n\t\t\t\n\t\t\t<div class=\"elementor-form-fields-wrapper elementor-labels-above\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-text elementor-field-group elementor-column elementor-field-group-name elementor-col-50\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"text\" name=\"form_fields[name]\" id=\"form-field-name\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" placeholder=\"Name\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-email elementor-field-group elementor-column elementor-field-group-field_62c5b54 elementor-col-50 elementor-field-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"email\" name=\"form_fields[field_62c5b54]\" id=\"form-field-field_62c5b54\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" placeholder=\"Email\" required=\"required\" aria-required=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-select elementor-field-group elementor-column elementor-field-group-message elementor-col-100\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-message\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tI would like to discuss:\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field elementor-select-wrapper \">\n\t\t\t<select name=\"form_fields[message]\" id=\"form-field-message\" class=\"elementor-field-textual elementor-size-sm\">\n\t\t\t\t\t\t\t\t\t<option value=\"VAT\">VAT<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"Company formation\">Company formation<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"Management accounts\">Management accounts<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"Self assessment tax return\">Self assessment tax return<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"Bookkeeping\">Bookkeeping<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"Budget and cashflow\">Budget and cashflow<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"Sole trader\">Sole trader<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"Partnership\">Partnership<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"Payroll administration\">Payroll administration<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"Trading allowance\">Trading allowance<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"Employee renumeration\">Employee renumeration<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"Other \/ General enquiry\">Other \/ General enquiry<\/option>\n\t\t\t\t\t\t\t<\/select>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-tel elementor-field-group elementor-column elementor-field-group-email elementor-col-100 elementor-field-required\">\n\t\t\t\t\t\t\t<input size=\"1\" type=\"tel\" name=\"form_fields[email]\" id=\"form-field-email\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" placeholder=\"Phone number\" required=\"required\" aria-required=\"true\" pattern=\"[0-9()#&amp;+*-=.]+\" title=\"Only numbers and phone characters (#, -, *, etc) are accepted.\">\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-group elementor-column elementor-field-type-submit elementor-col-100 e-form__buttons\">\n\t\t\t\t\t<button type=\"submit\" class=\"elementor-button elementor-size-sm\">\n\t\t\t\t\t\t<span >\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\" elementor-button-icon\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Send<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/button>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/form>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Budget and cashflow Many SMEs do a budget or cashflow forecast when starting the business but then it just gets left. The problems of dealing with day to day challenges can mean you miss out on the bigger picture. Budget A budget is a plan which helps you to Control the finances of the businessHelps [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.northlondonbookkeepers.com\/wp-json\/wp\/v2\/pages\/583"}],"collection":[{"href":"https:\/\/www.northlondonbookkeepers.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.northlondonbookkeepers.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.northlondonbookkeepers.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.northlondonbookkeepers.com\/wp-json\/wp\/v2\/comments?post=583"}],"version-history":[{"count":10,"href":"https:\/\/www.northlondonbookkeepers.com\/wp-json\/wp\/v2\/pages\/583\/revisions"}],"predecessor-version":[{"id":865,"href":"https:\/\/www.northlondonbookkeepers.com\/wp-json\/wp\/v2\/pages\/583\/revisions\/865"}],"wp:attachment":[{"href":"https:\/\/www.northlondonbookkeepers.com\/wp-json\/wp\/v2\/media?parent=583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}