Experience has taught us that to effectively manage a business, you will require a clear 3-year financial budget. This provides direction at the team and at the board level, keeping the whole company focused and in sync on what you aim to achieve.
We can create, manage and update a rolling 12 month 3-way forecast of profit and loss, cashflow and balance sheet. The more accurate the forecast the better. This versatile forecast will be created from your data; combining information from previous circumstances and the business’ current state to provide an accurate forecast of probable outcomes.
By reviewing deviations between forecasted and actual data, we can recommend improvements and help you refine your 3-year budget. Forecasting will equip you with an achievable growth plan that can move with your business’ changes, keeping you informed about your current and future financial performance and position. This will help you to stay reactive and manage your finance and accounting to control budget and cost.