Forecasting Your Costs and Capping Production

Entrepreneur
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For a low monthly fixed fee, you can get access to a dedicated KPMG accountant responsible for your accounting, bookkeeping, tax and payroll needs. Visit www.kpmgsmallbusiness.co.uk or call 0800 028 1028 for more information
In order to run effectively and efficiently all businesses, no matter what size, need to be able to forecast their costs from the outset. To do this the company needs to have a coherent accounting system in place. Here are some basic factors for a new small-to-medium company to consider when forecasting costs and production affordability.

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