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Budgeting & Forecasting

Proper budgeting and forecasting goes a long way

The Importance of Budgeting

Budgeting provides an estimation of your business’s cash flow, of both revenues earned and expenses paid. Budgeting uses estimation to quantify the expectation of revenues a business wants to achieve for a future period, usually over a fiscal year. It represents a business’s financial position and it helps provide a direction where the business wants to go. To be a successful player in today's environment, one has to have a robust budgeting & forecasting system. Businesses would need to:

  • Know your cashflow and other resources requirement
  • Plan and prepare for any contingencies
  • Set goals and targets for key management personnel
  • Drawing up growth strategy and identifying milestones
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Why Excide?

At Excide, we will assist you in creating a robust budgeting & forecasting system. This system creation cannot be created overnight and requires consistent planning and prudent budget analysis. We will help you with:

  • Planning - outline the company's financial direction and expectations
  • Budgeting - document how the overall plan will be executed month by month and expenditure
  • Forecasting - use accumulated historical data to predict financial outcomes for the future

These steps will be crucial in knowing how your business will do in the years to come.

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Contact Information

+65 6352 2843
[email protected]

3 Pemimpin Drive, #07-04B
Lip Hing Industrial Building
Singapore 576147