What Are You Aiming At?

Lack of proper operational planning and preparation can result in significant waste and overspending on staff, supplies and equipment. Fortunately, expert controllers are able to analyze financial data and produce strategic budgets that minimize costs and guide future operations. For those organizations that don’t have a financial controller or their specialized expertise, Lescault and Walderman offers startup and growth CFO consultants that can help you create these strategic business documents.

Our budgeting services focus on:

• Industry and Company Data Analysis
• Budget Creation
• Forecasting
• Custom Reporting

Depending on your individual business type, stage and needs, we are able to create:

• Operating Budgets
• Sales Budgets
• Direct-Expense Budgets
• Administrative Budgets
• Capital Budgets
• Variance Analysis

How Budgets Should Be Created

Our budgeting services start with the analysis of industry and company data to create a budget model that allows for accurate profit predictions. This includes:

• understanding and complying with corporate objectives
• streamlining budget maintenance processes
• designing strategic resource allocations
• linking cost management initiatives
• tying incentives to company performance metrics
• ensuring budget flexibility

Once an organization is able to confidently forecast operating profit, capital and labor expenditures can be more effectively planned for and managed.

How We Use Forecasts

Designed to work in tandem with the operating budget, forecasts enable companies to identify target sales metrics relating to products, market segments and specific customers. With this information, our clients are able to:

• identify origins and volume of income
• manage cashflow  and minimize shortfalls
• reduce dependence on outside credit sources
• effectively manage labor needs
• accurately target marketing objectives
• maintain tighter inventory
• improve production schedules
• manage business costs

Budget/Forecast
Reports

As part of the budgeting and forecasting process, LWI CFOs set up monthly, quarterly and annual reporting that makes it easy to compare performance to budget and forecast numbers. This allows our client’s management team to:

• make more informed decisions
• reduce operational risk
• perform more timely and cost-effective course adjustments
• motivate team members at all levels
• optimize pricing and business models
• improve communication throughout the organization

Using these informative and clear metrics, organizations can respond quickly to the constantly changing market landscape.