Projections of cashflows can be an important tool to use for recession-proofing of your business in these turbulent and uncharted times.

When buying a rent roll, projections can help demonstrate to you and your financier what your business would look like with the addition of a rent roll.

I caught up with Justin Dickinson, managing director of mortgage brokering firm HoLo, who said guessing your future cashflow just won’t work when it comes to securing finance.

Working closely with your real estate broker and accountant to break your projections down into sales and property management for the next 12 or 24 months will go a long way to demonstrating your financial security.

To learn more about the benefit of projections for your cashflow and getting them right, check out our discussion below.

If you would like to have a no-obligation discussion regarding the market, or are looking to get the right advice before you take steps to advance your business to the next level, get in touch with our team at businessDEPOT Agency Broking.

 

Originally authored, and video hosted by Alan Dawson.