Budgeting and Strategic Planning
Budgeting and strategic planning process is essential to effectively and efficiently manage a business. By going through this multifaceted interactive and often iterative process a Company can focus it’s efforts to achieve maximum return on its resources.
The process requires input from all departments (i.e. Sales, Operations, Engineering, Technology, Marketing, Distribution, Administration, etc.), with each striving to attain overall company objectives as charged by the CEO/Owner. Through this iterative process a company can better understand what is achievable, what opportunities are available, and what obstacles must be overcome to achieve goals.
The end result of building a budget is a plan of action and deliverables for all key managers, a full set of budgeted financial statements along with the underlying KPIs driving the budget.
Once a budget is established, actual results should be measured against that plan, from which corrective actions can be taken and revised projections made so that management knows were it stands at all times.
Our experts have years of experience putting together budgets and long-term plans for a multitude of companies throughout the Bay Area. Let us help you through the process.
The process requires input from all departments (i.e. Sales, Operations, Engineering, Technology, Marketing, Distribution, Administration, etc.), with each striving to attain overall company objectives as charged by the CEO/Owner. Through this iterative process a company can better understand what is achievable, what opportunities are available, and what obstacles must be overcome to achieve goals.
The end result of building a budget is a plan of action and deliverables for all key managers, a full set of budgeted financial statements along with the underlying KPIs driving the budget.
Once a budget is established, actual results should be measured against that plan, from which corrective actions can be taken and revised projections made so that management knows were it stands at all times.
Our experts have years of experience putting together budgets and long-term plans for a multitude of companies throughout the Bay Area. Let us help you through the process.