Provide direction for your Business
Do you know where your business is going and how you are going to get there? At Patison Partners, we are experts in working hand in hand with you to prepare a detailed budget, to give you a real plan as to what you are wanting to achieve and how you will achieve it.
From our experience, the best businesses plan to succeed. Preparing a full annual budget is a crucial component of any business plan. It is one of the best tools we have, allowing us to set financial targets and measure our performance.
In addition to being a great help in the goal setting process, budgets will often also be a critical way for us to assist you in obtaining funding. Financiers often require budgets as a prerequisite for funding approval.
The Patison Partners budget model will allow you to consider future scenarios and link underlying budget assumptions to profit and cashflow. This highlights possible future funding requirements and the key drivers in your business.
In preparing your budget we do not prepare one and simply present it to you. Preparing a budget is a corroborative process. We drive the budget tool while you provide the input. Together we then come up with a budget which is most accurate and useful for your needs.
Once the budget is prepared, that is only part of the service. From there we then monitor your actual business performance against the annual budget. This acts as an important control mechanism to ensure that goals are then achieved.