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Business Plan & Budget Development
A key tool used by management to monitor the performance of the business involves an operating budget.
In turn this operating budget forms the principal financial component of the business plan, which is designed to formalise the strategies to be implemented to drive the business through the operating period and beyond.
No plan, no budget can have any prospect of successful implementation unless it is based on realistic estimates of sales, prices, costs and operating expenses. It also needs to be delivered as the more reality varies from plan then the more the outcome can be expected to differ from the expectation.
We stand ready to work with our business clients as they make the critical assessments that are essential to underpin a valid business plan, and then the ongoing monitoring process needed to keep it on track.
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