When forecasting and budgeting are done right they can make your business more profitable. With over 20 years of experience, Lee Manning, Partner at Raffingers, delves into effective forecasting and budgeting processes, helping you to make better business decisions and ensure you have enough money put aside to pay that dreaded tax bill at the end of the year.
Forecasting, budgeting and financial performance reviews combine to help you spot trends earlier, making the decision making process easier. Every business owner has short term and long term goals, which these processes help make a reality. Through effective planning, it is also possible to create ‘what if’ scenarios, allowing you to see what will and could happen if a few small changes are made.
Topics to be discussed include:
- Importance of forecasting
- How forecasting can help grow your business
- How to spot and react to trends
- How to create a spending plan
- Management Accounts for Better Decisions
As usual there will be beer, pizza and nibbles in easy reach during the event.