Our experience shows that few owner managers and company directors of Irish SMEs understand the value of budgeting as a management tool or, if they do, they consider it too difficult and impractical.
We beg to differ. Those owner managers and company directors often change their minds once we show them how their business can improve profitability through budgeting.
Budgeting is about planning and understanding your business. The more you plan, the more familiar you become with your business and the better you are at running it. Sounds simple, right? Think of budgeting as a roadmap that guides you from point A to point B and helps you get back on track if you get lost.
If you don’t have the expertise or resources in-house to produce quarterly or monthly management accounts or prepare a budget, please get in touch with DBASS today to see how we can help to steer your company to profitability. Call us on 01 849 8800.
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