Strategic Planning Services
Forecasting and Budgeting
Forecasting and budgeting are, no doubt, activities that often necessitate the involvement of experts in the field. However, the prohibitive costs of hiring such experts on-board, makes many small and mid-sized companies shy away from them.
BFAG offers a cost effective alternative to the challenge by providing need-based access to highly experienced consultants. Our business intelligence team, supervised by seasoned CFOs, works closely with your key business owners to handle the following activities:
- Set up forecasting and budgeting models
- Develop and track budgets
- Provide critical alerts to take corrective action when targets are not met
Business planning is an iterative process that involves multiple rounds of testing and tweaking until you get in right. Strategic financial planning advisors from BFAG can guide you to:
- Make business plans that take into account all relevant parameters
- Fine tune them to suit your short-term and long-term goals
- Convert the chosen business plan into a detailed strategy roadmap for execution.
Information is the key to taking informed decisions. It is absolutely imperative that:
- You have access to current, real-time information
- Your systems are “talking” to all other systems to ensure that information is not dated
- You have necessary systems in place to capture and capitalize on valuable customer data