business planning & budgeting
Today’s business world is characterised by ever-tightening
margins and rising overhead costs, yet there are opportunities
for the well informed business manager. Comprehensive strategic
plans for your business should be developed with help from our
staff at Mutual Trust. The planning process covers defining business
objectives, conducting resource capability assessments, commodity
forecasting, enterprise selection, marketing planning, capital
budgeting, cash flow budgeting and finance planning.
The Mutual Trust planning process culminates in a detailed business
budget that quantifies exactly where your business is heading.
The budget allows you to regularly benchmark your business decisions
against a detailed plan – a critical process in good management.
Budgets compiled by Mutual Trust are specifically designed to
suit individual industries. For example, many clients of Mutual
Trust have direct investments in Rural Property and benefit from
our unique farm budgeting and management accounting processes.
Features and benefits of the Mutual Trust farm budgeting process
include:
Example: Farm Budget
Features:
- Business management summary
- Overheads schedule
- Livestock schedules
- Enterprise gross margins
- Cash flow budget
- Depreciation schedules
- Opening and closing balance sheets
- Profit and loss statements
- Key business ratios
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Benefits:
- Highlights key business variables
- Identifies the fixed cost base of your business
- Helps optimise herd and flock structures according to
your goals
- Benchmarks your enterprises against others
- Identifies cash requirements of your business
- Focuses your attention on capitalisation and capital
replacement strategies
- Shows budgeted growth in real Net Worth
- Identifies exactly where the profitability comes from
- Benchmarks your business against others to identify
your strengths and weaknesses
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Mutual Trust will work with the managers and directors of your
particular business to ensure that all plans are thoroughly researched,
critically analysed and professionally documented. Mutual Trust
will also conduct directors’ meetings, management reviews
and manage special projects as required.
If you don’t know where you’re heading, how will
you know when you’ve got there?
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