Budgeting & Forecasting

To realise the full benefits of integrated planning and to achieve the organisation’s goals, a business needs a budgeting system to guide it through the future, whether this be the short, medium or long term. The budget provides the tool against which to measure actual performance and the analysis of variances to budget highlights areas of deviation from planned activities or unforeseen events. These budgets should cover all functions within the business.

The forecast should inform an organisation as to what to expect, based on historical information and future planned activities. Should the forecast demonstrate that future results are not as expected or planned, then action can be taken to bring the business back on course.

At Business Financial Dynamics we can help you create flexible budgeting and forecasting models to assist your business planning, guide your actions and inform your future to ensure your reach your goals.

 
Our services:
Business Reviews
Business & Financial Planning
Budgeting & Forecasting
Improving Performance
Cash Management
Working With Your Bank
Advice & Mentoring