We will help you establish a budget that you can use as a guideline for spending and saving capital. Our objective is to inform you of your expenses and to assist you so that you spend less. A good monthly budget can help ensure you pay your bills on time, have funds to cover unexpected emergencies and reach your company financial goals.

Determining Monthly and Weekly income
We will provide you with the information you need to determine in-flow of cash on a Weekly and Monthly basis. If money enters the bank that is not earned, we will identify and adjust your books to reflect only true revenue.

Monitoring cash outflow
We will track how much you spend for one month. We will determine your Fixed expenses, such as rent and insurance payments, Variable expenses, such as supplies or fuel.

Figure Out The Difference
Once we’ve figured out your cash flow situation we will focus heavily on making appropriate changes:

  • Handle administrative duties
    • Renegotiate customer invoice due dates
    • Renegotiate payment arrangements
  • Implement spending strategies
    • Renegotiate bill due dates
    • Research alternative vendors

We will monitor your budget over time to make sure you’re sticking to it. If you find you aren’t able to follow your budget successfully, it may mean that the plan isn’t flexible enough or business habits may need to change. It can take revisiting your budget a few times to find the balance that works best for your company.


Expense Forecasting

 A business needs to forecast all of its expenditures when preparing financial projections. Here are a few different techniques that we use to forecast expenses.

Percentage of Revenue

We establish a percentage relationship between the company revenue and expenses. We create a budget and forecast the costs for proceeding months.

  1. We will determine the expense/revenue ratio
  2. Assign expense percentages to expense accounts
  3. Project the expected expenditure amounts based on projected Revenue
  4. Average the real numbers as months go by
  5. Average on a monthly, quarterly, and semi-annual basis.


Expense Forecasting Using Headcount

We use the headcount forecasting technique to estimate a large number of individual expenses. We identify expenses that are relevant to an increase in employees. Such as payroll, medical, commission fees, etc.

Expense Forecasting Using Other Cost Drivers

Of course, not all variable costs can be linked to revenue or headcount. However, depending on the type of business, there are other variables referred to as cost drivers which can be established to allow expenses to be forecast. For example, the number of website visitors can be used to forecast hosting costs or credit card transaction fees, or average monthly searches can be used to estimate advertising expenses based on an average cost per click (CPC).