The importance of budgeting and forecasting is often overlooked by smaller companies, but as with Business planning, a budgeting exercise can help set your financial goals and provide a mechanism for measuring and monitoring performance. Regular monitoring against plan helps identify variances as they arise so you can take the necessary steps to get your business back on track. We can work with you to build a robust financial model and critically evaluate the underlying assumptions, to ensure they are well founded.
"As chairman of a small hi tech company I recognise how vital it is to not only have excellent business processes and accounting but to also have really good and dynamic management information and reporting consistent with our business's needs. In this context the service provider having a genuine interest in understanding the company's characteristics and goals is vital. Since engaging Tayside Accounting Services to provide the company with a full suite of financial services, we have seen across the board improvements and they have met or exceeded our expectations in the areas mentioned above. Over and above their skills and professionalism, the energy and commitment levels shown in taking on our work has been notable. We know we made the right choice."
Chairman at Vicast Limited