Taking time to review, revisit and recalculate your finances is important for your business. Managing the day-to-day finances and planning your future financial needs is always important whether it’s during prosperous or challenging economic times.
Fáilte Ireland has prepared a range of practical financial tools, guides and templates to help you manage and plan your current and future financial needs and are customised for your sector.
Some areas you may be looking at now include accessing working or capital finance and calculating repayment amounts. You may also need to sense check where your finances are now to project ahead and look at base or best-case scenarios. These practical finance tools will help you to understand your cashflow needs for different scenarios, examine the financial projections of your business, and create a useful dashboard to track your performance. The tools are also a useful resource to help you be prepared and be financially equipped for meeting with the banks.