Planning, Budgeting and Forecasting
Professional Business Plans offers expert planning, budgeting and forecasting services to support businesses in all stages - from startup to growth, from decline to turnaround, from maturity to harvest. We deliver budgets and forecasts as valuable management tools for strategic and financial planning, resource allocation, performance evaluation and cash flow management.
Budgets are financial plans used to express strategic goals in measurable terms such as revenue, expenditure and cash. They model financial performance outcomes of a business based on the strategies it pursues, the environment it operates in and the resources it has. Forecasts, on the other hand, track the achieved and projected results, signaling shortfalls and calling for action. |
Professional Business Plans
is a CPA Practice 
|
Why choose Professional Business Plans to develop your budgets and forecasts?
- We are able to drive your budgeting process effectively, taking it from your vision to strategic goals to corporate budgets, and then dissecting it to operational targets and employees' Key Performance Indicators (KPIs).
- We will look closely at your projected cash flow to determine and flag when the business may need a cash injection or when a cash surplus may eventuate, enabling your next move.
- We make sure that your budgets:
- Translate the organisation’s strategic goals into numbers and communicate it to the departments, managers, employees and other stakeholders;
- Plan resources by establishing cost constraints and highlighting periods when the business may need extra funds, or identifying potential cash surpluses and the ways to use it for the company’s benefits;
- Set financial performance targets for your business, departments and managers, and then help to evaluate the performance against those targets;
- Motivate your managers and employees, and keep them accountable by setting specific budget goals.
- At the end of the budgeting process, we provide you with an effective working document - Corporate Budget Pack - which you will be able to use straight away and in the future, updating it when required.
- We provide planning, budgeting and forecasting services in all Australian states and territories, including New South Wales, Victoria, Queensland, Western Australian, South Australia, Tasmania, the Australian Capital Territory and the Northern Territory.
What is the output of our planning, budgeting and forecasting services?
The output of our budgeting and forecasting engagements is normally presented in a Corporate Budget Pack. It includes the following three interlinked budget reports (three-way budgets), modelled based on the accrual accounting method:
Our Corporate Budget Pack is supported by:
You can also order:
- Cash Flow, by month;
- Profit & Loss, annual; and
- Balance Sheet, annual.
Our Corporate Budget Pack is supported by:
- Sales projections by month;
- Commentaries; and
- Expansion costs; Capital budgets; Capital requirements (if needed).
You can also order:
- Detailed analysis of variances of the current performance to the previous budget;
- Detailed divisional (operational) budgets linked the Corporate Budget;
- KPIs for the whole organisation as well as its divisions, managers and employees;
- Scenario modelling for various strategic initiatives; and
- Detailed comparison of the current performance to the key financial benchmarks of your industry.
How does it work? How long does it?
- Call us on 02 8072 8929 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 it cost?
For small businesses, our standard Corporate Budget Pack (ordered as a separate document) costs from $595 incl. GST. If ordered together with a Business Plan, it costs from $495 incl. GST. For larger organisations, the price is driven by the scope and the amount of work involved; it can be quoted after the initial discussion.
ABN 98 102 344 585
Professional Business Plans is a CPA Practice
Liability limited by a scheme approved under Professional Standards Legislation
Professional Business Plans is a CPA Practice
Liability limited by a scheme approved under Professional Standards Legislation
We provide professional planning, budgeting and forecasting services for organisations across Australia, including Sydney, Melbourne, Brisbane, Gold Coast, Sunshine Coast, Cairns, Darwin, Perth, Adelaide and Hobart.