Planning, Budgeting And Forecasting

PLANNING

A top-down strategic plan that defines the strategic aims of the enterprise and high-level activities required to achieve the goals of the organization. Developing a strategic business plan can help to identify business entities where they are today, and where they want to be tomorrow, steps to be taken to remain on the course and to ensure the future success of business entities.

BUDGETING

Budget is the detailed representation of the future results and financial targets that an organization expects to achieve during a certain period of time. The budget forces business entities to consider problems before they arise. It enables resource allocation to be aligned to strategic goals and targets set across the entire organization.

FORECASTING

A forecast that tracks the expected performance of the business, so that timely decisions can be taken to address shortfalls against the target, or maximize an emerging opportunity. In addition to goal-setting value, budgets will often improve your chances of acquiring funding. Financiers often require budgets as a prerequisite for funding approval. Carefully-considered and well-developed budgets and forecasts strengthen management’s control of operating costs and have a significant impact on the overall profitability of a business. We work closely with our clients to create annual budgets with the highest level of detail and supporting data. In addition, our forecasting tools allow for anticipated variances that keep the budgets in line. Our Budget & Forecasting Services include:

• Industry Bench-marking
• Trend Analysis
• Revenue Forecasting
• Budget Modeling
• Cash Flow Projections
• Monthly Reporting and Budget Comparison