Having a budget to measure how things are actually going compared to original plans is a valuable tool in business.
It can help you change course in direction when things are not going to plan.
There are multiple ways to budget – traditional, incremental, zero based, activity based & others.
It can take some energy for a business to prepare something worthwhile measuring against. But it is a vital measuring stick.
We have loads of experience in preparing budgets for business.
With the assistance of management, we can help prepare meaningful budgets.
We can review & report actual activity to the budgeted plans & can help you identify reasons for differences & alternatives going forward.
This process is vital when you are looking at the long game & need to keep track along the way to achieving those goals set out in the business plan.