Business Advisory

Budgeting identifies current available capital, provides an estimate of expenditure and anticipates incoming revenue. By referring to the budget businesses can measure performance against expenditure and ensure that resources are available for initiatives that support business growth and development. It enables the business owner to concentrate on cash flow, reducing costs, improving profits and increasing returns on investment.

Budgeting is the basis for all business success. It helps with both planning and control of the finances of the business. If there is no control over spending, planning is futile and if there is no planning there are no business objectives to achieve.

There are many reasons to have a business valuation performed. You may be planning to sell your business due to retirement, health, or family reasons. Or, you may also be in the situation where you need to apply for debt or equity financing for expansion or to mitigate cash flow issues. Future stakeholders or potential investors would want to see what your business is worth. When stakes are high – seek expert advice!