Planning, Budgeting and Forecasting Services

Planning, Budgeting and Forecasting

Budgeting and forecasting are important elements of a strategic business planning process. Budgets are financial plans used to express strategic goals in measurable terms such as revenue, expenditure and cash. While budgets model financial performance outcomes of a business given the strategies it pursues, the environment it operates in and the resources it has; forecasts track the achieved and projected results, signalling shortfalls and calling for action.

Budgets and forecasts are valuable management tools used for strategic and financial planning, resource allocation and performance evaluation. They are indispensable for effective cash flow management!

Professional Business Plans has created hundreds of custom-made budgets supporting businesses in all stages - from startup to growth, from decline to turnaround, from maturity to harvest. We are able to drive your business budgeting process effectively, taking it from your vision to strategic goals to corporate budgets and then dissecting it to operational targets and budgets, and employees KPIs.

While working on your budget, we look closely at your projected cash flow and determine when the business may need a cash injection or when a cash surplus may eventuate, enabling your next move. At the end of the budgeting process, we provide you with a working document - Corporate Budget Pack - which you will be able to use straight away and in the future, updating it when required.

Benefits of professionally prepared Budgets:

Budgets translate the organisation’s strategic goals and plans into numbers and communicate it to the departments, managers, employees and other stakeholders.
Budgets plan resources by establishing cost constraints for a business or a project.
Budgets highlight periods when the business may need extra funds.
Budgets plan resources by identifying potential cash surpluses and the ways to use it for the company’s benefits.
Budgets set financial performance targets for the organisation, its departments and managers.
Budgets help evaluate performance of the organisation, its departments and managers.
Budgets help motivate managers and keep them accountable by setting specific budget goals.

What is included in our standard Corporate Budget Pack?

Our Corporate Budget Pack includes three interlinked budget reports (three-way budgets) modelled based on the accrual method of accounting:

Cash Flow, by month;
Profit & Loss, annual; and
Balance Sheet, annual.

The Corporate Budget Pack is supported by:

Sales projections by month
Commentaries
Expansion costs; Capital budgets; Capital requirements (if needed)

You can also order:

Detailed analysis of your current performance with the key financial ratios compared to the industry benchmarks
Detailed analysis of variances of your current performance to the previous budget
Detailed divisional (operational) budgets linked the Corporate Budget
Key Performance Indicators (KPIs) for the whole organisation as well as its divisions, manager and employees
Scenario modelling for various strategic initiatives

How does it work? How long does it take?

Call us on 02 4295 0079 or Request A Call Back
Book a time to brief our consultant over the phone.
Telephone briefing is conducted to confirm the scope and pick up the details.
We request additional information: a) financial statements for the last three years (Profit & Loss, Balance Sheet); b) tax returns; c) interim financial statements (if available), and d) other financial and non-financial information (if required).
We send you an invoice for the full amount.
In two business days (for small businesses) following our receipt of the full payment and the required additional information, we send you a draft Corporate Budget Pack (in Excel) supported by Commentaries (in Word and PDF) for review and comments.
In one business days after our receipt of your comments, we send you the final Corporate Budget Pack and Commentaries.

How much does a Corporate Budget Pack cost?

For small businesses:

A 1-year Corporate Budget Pack ordered together with your Business Plan costs from $495, every subsequent year is from $100.

A 1-year Corporate Budget Pack ordered as a separate document costs from $595, every subsequent year is from $100.

Professional Business Plans
is a CPA Practice

Confidentiality

You can be assured that any information you provide to us will remain confidential and we will not pass it on to any third party.

Why choose Professional Business Plans?

Benefit from our extensive experience in business planning

Get your business reviewed by an independent, experienced strategic CPA accountant

Minimise risks with our quality financial projections and evaluations

Take advantage of our affordable prices

Friendly, competent planners

Get results fast

Complementary Services

Our Strategic Business Plans and various other strategic process services are for established businesses undertaking strategic review, analysis, choice, implementation or evaluation exercises.

We can help you to undertake the whole strategic process and write a comprehensive strategic document, or would focus just on a specific area.

Feasibility Study is an evaluation document designed to analyse the multitude of available project scenarios and choose the most suitable one.

Once the scenario choice is made, we present it as a comprehensive Business Case to justify an organisational investment into a project, or as a proof of concept for new business ideas funding.

ABN 98 102 344 585
Professional Business Plans is a CPA Practice
Liability limited by a scheme approved under Professional Standards Legislation

We provide professional budget planning and forecasting services for clients across Australia, including Sydney, Melbourne, Brisbane, Gold Coast, Sunshine Coast, Cairns, Darwin, Perth, Adelaide and Hobart.

Planning, Budgeting and Forecasting Services