An accurate Budget is an essential planning tool that can help keep your
business on track. In addition to offering business owners the opportunity to
set financial targets and measure performance, they also improve your ability to
Don’t get caught short! Cashflow 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 - Cashflow Forecasting is a powerful tool.
So what’s the first step? Let Accounting North work closely 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 bottomline, obtain
finance approval for new projects, plan for new acquisition or growth strategies
and plan for dividend funding.