BUDGETS & CASH FLOW
REPORTING
Planning in advance for your business and cash flow
​
​
Cash flow is the single most important financial aspect for any creative business.
​
Poor cash flow is the most common reason for small business failure - with careful planning and forecasting such risks can be reduced and predicted before problems arise.
​
As experienced accountants for creatives, Lume can help you plan your cash flow to identify times of cash shortfalls and excesses so you can manage accordingly.
​
Setting budgets and financial goals on a regular basis allows creative businesses to benchmark their actual performance against tangible measures.
​
Lume can work with you to develop such budgets to help you better understand your business as a whole as well as particular areas of over-spend that require greater attention.