A good budget is essential in a good business plan. It is one of the best business tools businesses have, allowing them to set financial targets and measure performance.
The techniques Foster & Co utilises in the formation of financial projections allows you to consider future scenarios and gives you goals to strive for in your business.
In addition to goal setting value, budgets will improve your chances of acquiring funding as financers often require forecasts as a prerequisite for funding approval. Cash flow forecasting is a vital part of ensuring your business will always have the cash it needs, because profits don't pay bills - cash does.
There are many types of budgets and we can help you design the right budget for your needs and requirements. Let us show you how a budget and a cash flow forecast can provide feedback to allow you to prepare for the future of your business.
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