Financial forecasting is an invaluable tool for businesses large and small, helping you set important goals and making sure you’re on track for the future.
To provide maximum value, we present a best, worst and expected case scenario. We also assess the sensitivity of the forecast – for example, how much income needs to fall by or costs need to increase by to impair financial performance. Finally, we create an assumptions document, so that an independent reader can understand the basis upon which the forecasts were prepared.
Forecasting is useful for several aspects of your business, including:
Our corporate finance specialists are experienced in preparing financial forecasts for a wide range of purposes, and, where possible, utilise real-time cloud-based technology to obtain an ‘up to the minute’ assessment of current financial performance.
Our forecasts are often used as part of applications for credit facilities. We have an excellent working relationship with many banks and prepare our forecasts in a way that banks welcome and expect, which often helps to hasten the application process.
Alongside our forecasting service, we can also assess any of your internally produced documents and review them for accuracy. We often report to banks on client-prepared forecasts, ensuring that applications for credit are robust.
If you are not currently one of our clients and are solely seeking more specialist advice, we’re happy to work on a limited engagement basis for this specialist advice. Whether you’d like us to conduct a full forecast or just assist with a few queries, our team are happy to help.
The whole process took just five months, with only two months from the initial meeting with the buyer through to completion. Thank you to Randall & Payne for making this process truly painless.
In any meaningful transaction there are always challenges along the way, the trick is being able to navigate your way through them. Randall & Payne and Sherbornes worked really well together to deliver the right end result.
We were provided with many more offers for our business than we had anticipated and we completed in record time. Doug Salmon and I put this down to the quality of the Randall & Payne team and their ability to work to deliver a common result.
On each occasion I have been pleased with the clarity provided by their reports and valued their prompt attention. Their approach is to simplify complex issues to help non accountants and The Court to understand and reach informed decisions. I recommend them very highly.
The relationship we built with Randall & Payne was fantastic. They offered a very personal and professional service, with great communication and we had every confidence in their team. This resulted in a successful sale of the business.
Ollie and his team gave us excellent advice throughout our company sale process, and their involvement allowed us to achieve a much better deal than we had originally anticipated. They were always very approachable and didn’t just approach the deal from a financial perspective – we felt as though they prepared us for the lifestyle changes that lay ahead of us.
Having the knowledge and professionalism of Randall & Payne at the very beginning of the negotiations was imperative to WHC. Ollie took control engaging with all the legal, financial and accountancy experts on our behalf. We had 100% commitment from Ollie and his team, all questions were dealt with immediately and efficiently, even outside of working hours. Randall & Payne have a brilliant, forward thinking approach that suits the WHC ethos.
Officeworx Ltd have been using the services of Randall & Payne for 25 years. In this time, they have supported us with everything from our standard year-end accountancy through to business advice, consultancy, acquisitions and mergers. They have experts for every requirement and offer a wide range of services. With the team at Randall & Payne behind us, we can get on with doing what we do best – running our business.
The Partners and team at Randall & Payne simply gave us what we needed to turn our plans into reality. We are excited about the future and are already working with them on the next three-year plan.
