Budgeting is a process of creating of projection of detailed streams of revenues and types of expenses over a specific period of time (usually one year).
Cash flow management is the process of tracking how much money is coming into and going out of your business.
Budgets are an integral part of running any business efficiently and effectively.
Budget is the outcome of more detailed short-term planning and is basically the second step after developing a long-term Business Model .
Budgets are not usually static, instead some regular revisions (quarterly or monthly) are performed to keep the budget up-to-date.
Why budget is important:
It ensures resources availability
It Can Help Set and Report on Internal Goals
It Helps Prioritize Projects
It Provides a Pivotable Plan
We are here to continuously support our clients in accomplishing their business and personal goals
SunTax Consulting will help to create realistic but yet challenging business plan for your company.
Our main goal is to help business owners to concentrate of the core activities while staying confident that their financial affairs are thoroughly taken care of.
