Please note javascript is required for full website functionality.
MVP

Planning

Not Just for the Here and Now

Business planning requires optimising scarce resources, not just now but in the short, medium and long-term too. Are you maximising your bang for buck when it comes to the cash investments, assets used, staff hired?

SumProduct can assist with budgeting and forecasting – key tools in the planning process.

Time and again businesses have failed because:

  • Management has reacted rather than been proactive
  • Cash wasn’t controlled before it controlled the businesses
  • Profitable businesses expanded too rapidly with insufficient cash (“overtrading”)
  • Budgets were inadequately prepared
  • Forecasts were not developed accurately enough.

SumProduct has the experience and expertise to develop the tools required to avoid these pitfalls and develop a successful business / operational plan. We can assist with:

  • Preparing forecasts key stakeholders (managers, staff, customers, shareholders) will buy into
  • Understand the nature of your key costs (variable, fixed, stepped) and how it affects the operating leverage of your business
  • Assist with allocating costs appropriately (e.g. Activity Based Management, Avoided Costs, Standard Costing)
  • Agree the key outputs for business measurement and identify the critical success factors
  • Assess your capital structure, determine your cost of capital and implement appropriate investment appraisal techniques
  • Perform ratio analysis, Balanced Scorecards and other dashboard metrics in order to interpret key risks facing your business.

Contact us for a health check on your business today.

Newsletter