Forecasting and Budgeting are the part of financial strategy for a period of time. The strategy includes planned volumes of sales and revenues, costs and expenditure, assets, resource quantities, liabilities, and cash flow. Companies, governments, and several organizations utilize it to express plans for actions or events in calculable terms. Forecasting and Budgeting are the key factor to maintain control of business. It is time consuming task as budget must be continuously updated with new forecast becoming the targets to achieve.
In this Competitive market, It is very important to track progress of business towards the set goals, control expenditure and predict the cash flow and profit or loss as precisely as possible.
Nestor Consulting has combined experience of years and can assist in preparing a budget and forecasting reports for your business. We have experienced and qualified team who are mainly responsible for preparing budgeting and forecasting for our clients.