“A budget is telling your money where to go instead of wondering where it went.” Dave Ramsey
Budgeting and forecasting are critical tools not only for measuring the progress of your business, but also for defining goals and purposefully aligning your business strategies to meet those goals.
Your budget forms a benchmark that helps you to be in control of your business and the forward planning helps to ensure the next twelve months’ success. We assist you in preparing a budget for the upcoming financial year and to define a financial strategy to meet targets.
It is important to your business success, because you set targets for income and expenditure that you can hold yourself accountable to throughout the year.
Our forecasting process can incorporate different scenarios and will translate into a three-way forecast, which includes a forecasted profit and loss statement, balance sheet and cash flow statement.