An accurate budget is an essential tool that can help your business to stay on track.
In addition to offering business owners the opportunity to set financial targets and measure performance, budget also improve your ability to acquire funding.
Don’t get caught short! Cash flow forecasting compliments accurate budgeting perfectly, giving you the ability to identify whether you will be able to pay your expenses for the month, if you are holding too much inventory or when you can afford to expand – Cash Flow forecasting is a powerful tool.
So what’s the first step? Ascend Business Results work with you to identify which type of Budget will work best for you. Then we will form financial projections based on your current needs and future goals.
With this information you will be able to anticipate and address significant expenses and develop strategies to positively impact your bottom line, obtain finance approval for new projects, and plan for new acquisition or growth strategies, check this website for more details.
Our Budgeting and Cashflow services include;
- Preparation of annual budget in excel format for incorporation into client accounting system
- Monthly or Quarterly budget review and forecast updates