We review the Past and Plan for the future. We review the books, create budgets, and work on a Financial Forecast based on this information.
We create Strategies to increase income and have clarity to go to the next goal.
We focus on cash flow which allows us to know when bills can be paid and how much we count on to focus on the next move.
A budget is created based on past income, expenses, and future financial goals. A budget is important for a company to ensure that each expense is correctly planned for. When a budget is created, each month of the year must be compared to the Actual expenses. If your spending is too high or income too low, you may need to negotiate your numbers with corresponding customer or vendor.