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Professionally Written Business Plans with accurate Budgeting & Projections

What is a Business Plan?

A Business Plan is a document which states what you plan to do and how. Typically associated with start-ups a business plan is used by an entrepreneur looking for funds to help get a new business started perhaps by getting financial support from a bank. However they are also used by established businesses who may also be looking to secure new funds or attract investors in order to expand or develop a new product.

A Business Plan can be quite a lengthy document although there is no set layout or content requirement as this is usually determined by the purpose of the plan and the intended audience. Generally a Business Plan will include some or all of the following components:

  • Summary
  • Description of the Business and Products and Services
  • Strategies
  • Competitors Analysis
  • Design and Development
  • Market Research
  • Marketing Plans
  • Operations and Management Details
  • Borrowing Requirements
  • Financials

 

Budgeting and Projections

A budget is a projection of income and expenditure for a set period of time and is usually a key part of a Business Plan and accompanied by a Cash Flow Forecast. Normally prepared in advance of a new financial year a budget is a target and management tool for the coming year. We believe that all businesses should have a budget as it helps them set targets for the coming year and then manage performance and identify potential future investment requirements.

In conjunction with management accounts business owners and directors can compare actual results against budget and spot any problems early and take corrective action.

Cash Flow is the movement of cash into and out of a business. A Cash Flow Projection or Cash Flow Forecast details the flow of cash in and out of the business based on the Budget and enables it to plan its future cash requirements.

You may have heard saying such as “Cash is King” and “Cash is the lifeblood of business.” Both are very true and this is the reason why The Financial Management Centre recommends every business produces a Budget and Cash Flow Forecast. As we will get to know you and have a thorough understanding of your business we will be well placed to help you create and then monitor an accurate budget and cash flow projection.

 

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Testimonials

Professional and Integral Accountancy Service It is important to me that I manage my company in the best way possible, with the best outsourced professional services, of whom I can rely on and feel part of my business team. Your advice of late has been invaluable to me. Your guidance on our accountancy and tax matters has been a great help and reassurance. As a small business owner, it is important to me that I have an accountant wi...

Debbie Field - Field Training Service

We have been using the services of Kass Verjee for a number of years. Our business is a barber shop franchise and our paths crossed as Kass was a client at one of our branches. Kass has been instrumental in the success of our business and has helped us not only in financial management but advised us on many other business matters as well. We have grown from a single site business four years ago to a chain of ten with Kass managing all aspect...

Colin Perkins - Commercial Director Hair for Men Group

We have been working with Kass for over 2 years now in relation to our company accounts, finances and payroll and benefited greatly from his broader financial advice on a very wide range of matters. We would have no hesitation in recommending his services, indeed Kass has become a true asset to our business as we have grown rapidly during the time he has worked with us. Not only does Kass offer sound financial advice he actively seeks ou...

Jason Payne - Gabriels Angels

I engaged Kass Verjee 3 years ago to move our company accounts from Sage to Xero. What a difference! The transition was seamless and the ease and flexibility of Xero has given us a much better understanding of where we are as a business. Additionally the service Kass offers and his enthusiasm for our business make me think he's part of it, I only wish I had met him years ago.

Jason Allocca - Top Topiary

Having worked with businesses to advise and help using IT - a world i am very comfortable on, the world of accounting, is just one unknown black box to me. I moved across to Kass from an accounting company I used for a number of years, because it was safe. Kass has been a great help in setting up all that I need. One day I had a claim for solicitors telling me that I had to pay an EE phone bill of over £3000. Thing is, I've never...

Kay Patel of Fenvale Ltd

It is with loaded pockets that I give this testimonial... Since the Govts introduction of a renewed marriage pensions tax allowance you had pushed me to make a claim. I tried many times via the HMRC.gov website, but on each occasion became thwarted with the plethora of useless detail... But then! I installed the free TFMC App for Android. Whilst playing with my new toy I discovered in the message centre a question! Have you claimed you...

Ken Muschamp

I've used Kass as my accountant for over 2 years now and although we haven't had many meetings I've always been impressed by his prompt and courteous replies to my enquiries, professional attitude, attention to detail and genuine desire to provide the best outcome in every circumstance. As a result of his in-depth and up to date knowledge of taxation laws he's been able to (legally) save me thousands on my tax bills over the years - money I...

David Hogg - Horizon Imaging Ltd

We took the decision to move away from our existing accountant to work with Kass Verjee of The Financial Management Centre. We were not happy with our previous accountant and by listening to many testimonials for Kass and hearing his case studies each week of how he had made a very positive impact to other businesses, and people's lives - it was a no brainer for us. Kass Verjee is a forward thinking, highly competent, professional and...

Louise Le Poidevin - Director, Pod Landscapes Grounds Maintenance Ltd

I have no hesitation in recommending Kass at The Financial Management Centre to all who may require the services of an accountant. If you want an accountant who is concerned about you and your business’ wellbeing as well having a steely eye on your return dates and has the requisite skills to minimise your tax liabilities, Kass is your man.

Ken Muschamp - LauLind Ltd