financial management

Keeping control of your businesses finances is crucial to survival, growth and profitability. Key factors are setting out trading and cashflow budgets for your business over twelve month cycles, regular monitoring of performance and updating of budgets. However, many businesses are too busy with day-to-day activities and administration to do this thoroughly, if at all.

financial forecasts

In order to make good management decisions, you need to have accurate, up-to-date and realistic forecasts of your sales, purchases, overheads, gross margins, net margins and cashflow. Critical decisions about the future of your business such as levels of employment, investment, salaries, sales, stock levels, debtors and creditors, overdraft requirements etc. should be made with up-to-date financial information, not just based mainly on gut feel and instinct.

Without enough cash in the system, poor performing businesses can go under while businesses performing profitably can see their growth restricted.

accounting services

RDA provides a strategic accounting service providing you with focused financial support and assistance in the key areas of:

• bookkeeping


• PAYE


• management accounting


• business performance analysis

These services can be used individually or packaged together.