BUDGET VARIANCE ANALYSIS

Posted on Posted in Business Budget

If you are reading this article, the odds are you are either a business owner or you are employed in a key management role. Coupled with your responsibilities of running your business or managing an organisation, you are responsible for planning business budgets.For a wide variety of reasons, costs and revenue can come in higher[…]

Financial Ratios and Analysis

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Financial ratios are the most common and widespread tools used to analyse a business’s or organisation’s financial standing. They are used as indicators to help business owners and key management to: Identify potential problems and trends within your firm; Inform you about factors such as the earning power, solvency, efficiency and debt load of your[…]

BUSINESS BUDGET

Posted on Posted in Business Budget

Every successful business and organisation need a business budget, however, there never seems to be enough time for business owners and key managers to plan their business budgets. That said, your business budget is one of the most important business financial statements. If it is effectively planned and managed well, it will allow you to[…]