Failing to plan, is planning to fail.

A well-planned budget process will facilitate a thorough rethink of your income cycles and cost processes. You might be surprised at what inefficiencies hide in your costs!

As such, I am a fan of zero-based budgeting.  If you use “last year plus 5%”, no analysis will occur, and any hidden inefficiencies will just roll over to the new year.

Points to ponder:

  • Do your budgets align with your management accounts and cash flow reporting?
  • Have your business drivers in terms of income and expenses, been properly defined and modelled to ease the budget and forecast process?
  • Are you managing your business with the budget in mind?

Many people view the budgeting process as overly burdensome but, change the focus so that it becomes a planning and opportunity analysis tool!  It will add value to your business.

Let us assist you with your budgeting.

Contact us for a consultation at info@auroprofessional.com or 021 879 3100


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