At Butler & Co, we take the time to get inside all aspects of your commercial operation, making sure our advice is relevant and specifically targeted to your individual, unique business. Our industry experts provide specialised, tailored commercial insights to enable you to maximise business opportunities and stay ahead in today’s highly competitive marketplace.
Business planning and forecasts
Every business should plan ahead to ensure success but daily pressures often conspire to delay any thoughts of strategic planning. Business plans and financial forecasts can be crucial documents in determining future objectives and strategy – be they prepared to demonstrate to banks and other financial institutions that your business is a solid commercial investment capable of producing positive returns; or to help aid your decision making – enabling you to choose what to prioritise and identifying what costs to keep greater control of in order to produce more effective trading results.
The overriding objective of a business plan is to provide a detailed ‘financial roadmap’ to demonstrate how your business can achieve profitable results, and has the continued potential to make future positive cash inflows. Business plans are vital pieces of evidence that can be used – and are frequently relied upon - in the event of an HMRC enquiry, providing in-depth analysis of how your business operates, how it generates income and what expenditure is incurred and when, as well as demonstrating how and when profit is likely to be achieved in future periods.
Financial forecasts are a crucial part of any business plan and we always ensure these are both meaningful and robust, using a number of methodical and rigorous projection techniques to make these as accurate, reliable and realistic as possible, regardless of what industry you operate within.
We can provide a range of Business strategic planning options to suit every budget – from providing a template plan outline for you to complete and then be reviewed by our team of specialist professionals; through to a full in-depth forecast matrix detailing how your business can grow and achieve future profitability in an increasingly difficult and competitive economic marketplace.
Regular management information is vital to the continued success of any business. Without knowing the current financial position of your business, how will you know which move to make next? We work closely with you at every stage, striving to get to know all aspects of your business so we can make suggestions to help improve your bottom line, or to develop and grow sales turnover.
We can prepare management accounts to ensure you always have reliable and accurate information on hand – not just at the year end when the final accounts are prepared – allowing you to base your business decisions on up-to-the-minute data rather than historical, less consequential results. We can also produce ratios and variances, ensuring your business can benchmark against competitors and industry averages, highlighting where improvements and efficiencies can be made.
Liaising with banks and institutions
Dealing with banks and other financial institutions can be a daunting experience for entrepreneurs, whether you are a business start-up or an established trading operation. We offer support through the whole process, regardless of circumstance. Drawing on our wealth of experience, as well as our numerous industry contacts, we can guide you through the whole process and ensure that you receive the right financial advice – providing a useful sounding board and a friendly face throughout.
Require more information?
If you would like more information or would like to speak to us direct then call us on 01962 735544. Or if you would prefer, ask us a question online.