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Financials Part 6

Written on the 8 February 2014 by National Australia Bank

Part 6


Next steps
•Ask your accountant which key performance indicators you should be monitoring in your business.
•Experiment with ‘what if’ scenarios to improve your business planning and working capital management.

Please note that this is a guide only and should neither replace competent advice, nor be taken, or relied upon as financial or professional advice. Seek professional advice before making any decision that could affect your business.

Download Guide – How to understand your key financial documents (PDF – 569KB)

You may also be interested in:

How to use cash flow forecasts (How to guide)

A cash flow forecast is one of the most useful financial tools to help you manage your business. Read on to see how cash flow forecasts may help improve your business.

Creating a cash flow forecast (Training)

Understanding your cash flow is critical to your business survival. Learn how to crunch the numbers and uncover ways to improve the running of your business.

Ratio analysis calculator (Excel 72.5KB) (Tool)

Keep on top of your current financial situation by working out the financial ratios of your business, including Return on Owner’s Equity.

Cash flow forecast template (Monthly) (Excel 59KB) (Tool)

Make better-informed decisions by using this template to project the cash coming in and out of your business on a monthly basis.

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Author:National Australia Bank

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