Enterprise Budgeting

Modern business in our country is very dynamic and quite severe. Increased competition leads to lower margin business. On the other hand, the business itself becomes more stable. Already can not make decisions based only on intuition and personal view of the situation. To keep the achieved position, managers are forced to use new technology management. Especially it concerns improving the management of material and financial resources.

To optimize management decisions, to assess the possible consequences of these decisions in the company, and started to implement a budgeting system of the enterprise.

Enterprise Budgeting provides a competitive advantage through the creation of an effective system of management of resources and capabilities through the use of "straw podstelit, anticipating potential problems and appropriately planning for future actions.

The introduction of a budgeting system to enable management to plan the business financial and economic activities with the hope of achieving a certain financial results, ie, clearly defined objectives and set measurable targets for action. In addition, it will be possible to forward the work of all departments to achieve targeted financial results, highlighting the responsibilities and assigned roles of financial management among line managers. Improve information exchange and interaction of structural units together.

Enterprise Budgeting will help to optimize the financial flows, to determine in advance the critical periods in the company and the need for external financing. With budgeting you can detect the "narrow" places in the management and in time to take the necessary management decisions.

The basis of budgeting is the total enterprise budget, which is coordinated by all departments or functions as a work plan for the company as a whole. It consists of operational and financial budgets, of which the company defines itself.

• So, you are offered a portfolio of expert work on the development and drafting a set of budgets within the master budget, which we propose as follows:

   

  • Operating Budget:

  • sales budget;
  • production budget;
  • budget of inventory;
  • procurement budget (use of materials or direct costs of materials);
  • Budget overhead cost;
  • budget labor costs;
  • budget commercial (marketing) costs;
  • budget for general and administrative expenses;
  • the forecast profit and loss account.

   

  • Financial Budget:

  • budget for capital expenditure (investment budget);
  • Budget cash flow;
  • credit plan;
  • fiscal budget;
  • budgeted balance sheet.

Cost of services for enterprise budgeting stipulated in each case as a result of business negotiations. Experts of our company have many years practical experience in business plan creation.

Of expert evaluation of the enterprise budgeting is carried out in a certain order under contract with the customer.