Budgets, forecasts and projections
At BLK our first significant
step to effective financial planning for your business is to help you build and put into effect a budget. Budgeting imposes
a detailed understanding of where your revenues are derived and how your money is being disbursed.
In summary, the intention of budgeting is to:
- Create a prototype
providing an estimate of revenues and expenditures, of just how your business might financially implement certain strategies,
events and plans
- Compare the actual financial operations of the business
against the predictions.
Cashflow planning and analysis
At BLK we know that cash flow preparation is a crucial part of managing your business. Cash
flow preparation will help you understand how much cash will be generated or needed in the areas such as operations, investing
and financing on a short or long term basis