This is estimation of the future REVENUE and EXPENSES over a specified period of time. Budgets are an integral part of running the business efficiently and effectively as they help the business to keep track of revenue and expenses.
We help corporates develop realistic budgets by first understanding their historical performance projected sales trends, cost trends, and the overall economic outlook of the market industry. With that understanding we then come up with realistic assumptions.
After being equipped with the necessary information we then come up with the budget and present it to the board of directors for approval.