Your 90‑Day Finance Routine: The Contractor Playbook
High‑performing contractors run a tight quarterly cadence. Here’s the checklist we use with clients every 90 days.
1) Cash & Pipeline
- Runway in months; debtor days; upcoming renewals/extensions.
- Contingency fund target: 3–6 months of operating costs.
2) Tax Provision
- Update YTD profits; refresh tax provision % to ring‑fence funds.
- Set calendar reminders for VAT/PAYE/CT deadlines.
3) Pension & Extraction
- Review pension headroom vs. profits; schedule contributions.
- Balance salary/dividends for efficiency and mortgage readiness.
4) Day‑Rate & Market
- Benchmark against current MNC contractor rates; consider skills upgrades.
- Negotiate pre‑extension with data, not hope.
5) Controls & Compliance
- Bank recs, expense policy, receipt capture, and clean audit trail.
Template: We provide clients a quarterly scorecard covering cash, tax, pension, and rate, with colour‑coded health indicators.
Join our next Quarterly Review intake to adopt this rhythm.