It is essential to draw up a business plan for the following business year, e.g. an account plan for the expected financial occurrences. Often one drafts a yearly budget in addition to individual monthly budgets. During turbulent periods, it is advised to create a “rolling budget”, whereby adjustments are made to the monthly budget.
The budget, alongside a proactive plan, is an essential part of other company matters, e.g. investments, finance, marketing and human resource management.
Already in the planning phase it is important to ease the consequences of negative outcomes or prevent these from happening. Timely measures can be taken.
We assist you with your budget plan or create a budget for you.