My Tax Helper

My Tax Helper

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Tax & accounting services

22/07/2025

Share your thoughts below!

17/07/2025

What started my journey of finance! Discover how my fascination with the 2008 financial crisis led to a successful career in accountancy.

Photos from My Tax Helper's post 16/07/2025

Most founders lose cash not because the business is broken, but because they cannot see what is coming πŸ‘€

No forecast means no control πŸš«πŸ“Š

You miss the warning signs ⚠️
You overspend without realising πŸ’Έ
You plan for sales that never land ❌
And by the time you notice a cash issue, fixing it is already painful 😣

Here is what we keep seeing:
❌ No rolling forecast - only looking a few weeks ahead
🎯 Overconfident sales forecasts
πŸ’₯ Burn rate based on gut feel, not data

The fix is simple - it just needs consistency βœ…
πŸ—“οΈ Build a 12-month rolling forecast
πŸ” Update it every month
πŸ“₯ Track what is coming in
πŸ“€ Track what is going out
πŸ’Ό Include staff, tax, software, subscriptions and annual bills
πŸ“‰ Plan for three outcomes: low case, mid case and high case
βœ”οΈ Only count signed or high confidence revenue

You do not need to be an accountant to do this
You just need to stick with it πŸ”§
Without a forecast:
😬 You react instead of plan
⏰ You catch problems too late
πŸ“‰ You stop making bold decisions

Quick check:
Do you have a forecast for the next 12 months?
And how often do you update it?
πŸ—“οΈ Weekly
πŸ“† Monthly
❓ Never

Drop your answer below πŸ‘‡

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