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We Make Easy Your Budet and Forecasting
Budgeting and forecasting are two of the most important financial functions for a business of any size. Budgeting and forecasting are often linked together, as they should be, but they’re not the same.
Here’s a guide to help you determine the differences between the two and how each can help your business.
Start with a realistic cash-flow projection. Your revenue forecasts will drive this in part, but they may not fully materialize. It is better to be conservative here.
Developing a strategic business plan can help ensure the future success of your organization. Not only do well-conceived objectives play a significant role in success, but the involvement of the key members of your team is a tremendous motivator and team builder.
- at Connivia LLC, our job is to apply our insight and knowledge to work alongside you to develop a business plan that suits your needs. Through Rehmann’s budgeting and forecasting services we will assist you in putting your current strengths and team to work for you so you can strategically achieve your future goals.
- Our team of professionals will help optimize your business’s budget while preparing you for future expenditures based on both predicted and unexpected circumstances. We put our tax law knowledge to work to help you minimize tax liabilities and invest our vast industry proficiencies to forecast market trends so that your organization is ready for the road ahead. Budgeting and forecasting services help your company gain competitive advantage while preparing for unexpected costs.
- A management team can use financial forecasting and take immediate action based on the forecast data. Conversely, budgeting contains goals that may not be attainable due to changing market conditions. If a company uses budgeting to make decisions, the budget should be updated more frequently than one fiscal year so that there is some relationship to current market circumstances.
- Budgeting creates a baseline to compare actual results to determine how the results vary from the expected performance.
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A Good Accounting & Financial Service Provider, allows a Franchisee businesses to focus on core business capabilities, by allowing an outside partner to perform non-strategic business functions. Some of these functions include Financial reporting to Lenders,Tax Ready P&L and Balance Sheet ,Vendor Management , Bookkeeping, Payroll, Workers Comp claims processing and Video surveillance.
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Satisfied clients are our principal promoters. Honesty, reliability and the quality of our work has led our clients to believe in us. We have experience in serving following industries:
Outstanding Service! Ram and his experienced team have been a great resource for the company and have flawlessly provided timely and accurate financials that enables managment to have their fingers on the pulse of its operations which allows for sound decision making. We highly value Connivia services and their professional approach.
I am convinced that the Daily deposit report provided to me by Connivia is critical in tracking bank deposits accurately and results with improved profitability for the company.
Connivia help me to save around 4% of Labor cost by just introducing their innovative labor matrix hour tools and by using this tool I saved approximately $6000 per year per store, Thanks you Connivia!
I asked help from Connivia as I was totally lost and loosing money every month in my 3 Hotels, even though the Occupancy % were not much fluctuating. Ram taken this task and prepared a detailed Profit Leakage Analysis and this report really help me to control the Payroll, Breakfast Supplies and Utilities. Now I am back on track.
trusted by multi Unit QSR Owners and Operators
Satisfied clients are our principal promoters. Honesty, reliability and the quality of our work has led our clients to believe in us.