Budgets and Forecasts

  1. Do you find you make less profit than you expected?
  2. Are your expenses higher than what you thought they would be? 
  3. Is your cash balance low and getting lower?
  4. Do you know what Working Capital you need or your working capital requirement?
  5. Is your bank asking for a 3-way forecast?

Fountain Solution

Developing forecasts and budgets can be time-consuming, complex and frustrating when you can’t get a 3-way version to balance. But, they can be very useful. They can map out the plan including working capital and resource needs for the business over the next twelve months to three years. It’s like a road map to follow and measure progress against, as well as helping you keep your eye on the end goal.