Top : Financial Planning - Corporate Budgets
Financial Planning - Corporate Budgets
Here you will find help with business budgeting particularly as the budgeting process links up with various kinds of short and long term planning.
5 Common Budgeting Mistakes
By Ian Benoliel:
Learn the most common mistakes new business owners make when budgeting, and how they can be avoided. Overstating projections and ignoring the tax man are two of the common errors discussed. See the article for more information.
Drafting Your Budget
By Brian Tracy:
The act of budgeting for your business forces you to think through all the important numbers and to develop a picture of what your business is going to look like in three, six, nine and 12 months. A budget is a powerful business tool that will help you make better decisions. It enables you to develop and maintain a thorough understanding of the internal financial workings of your business.
8 ways to make a budget work
By Jeff Wuorio:
If you've put in the work and created a business budget, follow it! If you don't, you'll lose the benefits that you planned for when you built the little monster.
Get started by reminding yourself that your business budget is not a monster. It's nothing more than a set of guidelines for your spending and saving habits. Below, I've laid out some common problems that pop up with many established budgets, along with some solutions that can help you stay within budgetary guidelines.
Budget Planning: The Next Generation
By Rick Whiting:
Strategic planning means adopting new budgeting and forecasting processes and practices. While budget planning usually starts with the previous year's numbers, strategic budget planning begins with the organization's objectives--say, increasing sales 10%--and then building a budget designed to achieve those goals. "People are using budgets more for planning and control, and to tie the budget back to actual results," says Madan Sheina, a senior analyst with the Aberdeen Group.
The Five-Year Itch - For CFOs, the biggest question about doing five-year plans is: why bother?
By Kris Frieswick:
Next to preparing the annual budget, the exercise that many CFOs dread most is creating a five-year plan. The document can take months to craft, is impossible to get right, and generally becomes obsolete within six months. Why, then, are companies still wedded to it?
The answers are varied. Some CFOs, especially those at capital-intensive companies or municipalities, produce five-year plans to support bond issues or other long-term capital financing. Others do them simply because their bosses want one. No matter why they do it, however, CFOs agree on one thing: after year two, it's all guesswork.
Aligning Budgeting To Corporate Planning - (Slide Presentation)
By Kenny Ong:
87 slide presentation outlining the link between corporate planning and budgeting and how to align the two.
Finance: Why Budgeting Kills Your Company
By Loren Gary:
Why doesn't the budget process work? Read what experts say about not only changing your budgeting process, but whether your company should dispense with budgets entirely
Related Categories:
Updated On:
9-Aug-2013
-
15:51:24