Running your business without a budget and a cash flow is like going on a treasure hunt without a map!
A budget is the most critical, current/forward-looking financial plan for your personal or business finances. At JAYA Financial, we will partner with you to create and maintain a thorough master budget and a meaningful cash flow report. No more guessing about whether you can afford to purchase the equipment you need to stay ahead of the competition. We will develop detailed budgets for sales, operations, and capital expenses to track revenues and spending within your predetermined guardrails.
How well is my business doing, or what if something significant changes? With regular cash flow forecast processes in place, you can answer these and many other critical questions. What is the "best-case scenario" for revenues and expenses for the next 12 to 18 months, or how much cash should I set aside? Our proven analysis and review processes will allow you to plan for the present based on your goals and react swiftly to changing circumstances.
Systematic variance analysis will help you identify where you missed against your plan and what you can focus on to correct it. An analysis of significant variations from your budget will determine the root cause of the issue. For instance, is the variance a result of a change in your operating environment, a faulty assumption, or a timing variance that will resolve itself in a month or two?
Budget Answers – What are my sales, costs, and capital expenses over the next fiscal year?
Cash Flow Answers – How much cash do I have today? Do I have what I need for tomorrow, and how much money will I have at the end of the reporting period?
At JAYA Financial, we will partner with you to establish a financial function that works for you with your goals and aspirations in mind. With our financial experience, we can provide the imagination and insights necessary to help you reach them.
