A good budget is a necessity in a good business plan. It is one of the best business tools we have, allowing us to set financial targets and measure our performance. As well as their use in a business plan they should be an annual tool in assisting with reviewing performance. In addition to goal setting value, budgets will often improve your chances of acquiring funding. Financers often require budgets as a prerequisite for funding approval.
The techniques we utilise in the formation of financial projections will allow you to consider future scenarios and give you goals to strive for in your business. There are many types of budgets and we can help you design the right budget for your needs and requirements.