Budgets & Financial Projections
Budgets & financial projections can be one of the most important things you can do for your business. This is a time when the owner “takes stock” of where the business is financially. Are you doing the best job of tracking where you have been and where you are heading? At RC Jones and Associates, we can use all the data gathered from previous accounting & bookkeeping to build attainable budgets & financial projections to establish a clear course for the future of your business.
Here are some benefits of creating budgets & financial projections:
- Cash flow needs
- Inventory purchases
- Capital expenditures
- Operating expenses
- Business goals become specific targets
- Allow for feedback and control
- Access potential problems
An independent view of your financial business plan can prove invaluable. While you may have some idea where you stand financially, often you’ll find review by a trusted professional is most beneficial. In summary, regular planning with a sound budget will aid any business to be sure cash flow remains fluid. In addition to budgeting, a view into the future of your business is possible using historical data as a basis for financial projections.
RC Jones and Associates – Call Today (816) 792-9966 to set an appointment to learn of and construct budgets & financial projections.