Prepare Financial Budgets

Our financial budgets preparation service in Medway, Swale and Kent area help support businesses make important decisions and achieve their business objectives.

Financial Budget Preparation

Understanding Your Goals & Gathering Data

We discuss the objectives of your business for the period covered by the budget and look at the strategic priorities and operational needs with those involved. All relevant financial data, including historical financial statements, market trends, and previous budgets are used to establish a baseline.

We Estimate Income & Revenue Projections

Income is projected by analysing previous performance, current contracts, market conditions, and sales forecasts.

We Identify & Forecast Expenses

We identify and forecast expenses based on historical data, planned initiatives, and anticipated changes in operations.

Preparing Financial Budgets

Financial budgets are prepared and typically include:

1. A cash budget (projecting cash inflows and outflows to ensure liquidity)
2. A budgeted balance sheet (estimating future assets, liabilities, and equity)
3. A capital expenditure budget (planning for major investments)

Finalising Financial Budgets

We finalise the budget and seek feedback from stakeholders and make adjustments where necessary.

Lets Discuss Preparation of Your Financial Budget