Business now moves at the speed of light. As a consequence your financial position and performance can change radically from one month to another.
Regular management accounts can give you the precise financial information you need to take informed business decisions. Without this information you could literally be dancing in the dark and betting the future of your business on a hunch.
Your management accounts will help you:
Smooth your cash flow
Gain overdraft facilities
Support you to take strategic decisions
Identify the profit you have available to take out of the business or reinvest in growth