Welcome to BMW Chartered Accountants & Financial Services
The count down is on to Christmas with only 115 sleeps and Spring has Sprung. For many of you, thoughts will shift from tax planning, to completing your tax returns, analysing last year’s figures, and budgeting for the 2017 financial year. Budgeting is an important part of running your business, and even at a personal level. Not only does it allow you to plan for times when expenses may be higher than usual, or new equipment is to be required, but it also gives a yardstick to measure your performance with timely data and react accordingly. Budgeting might not be something that you are familiar with, and you may not know where to begin. Most software packages like MYOB have the facility to enter a budget and compare actual results to budgeted figures. Feel free to contact our staff to help with your budgeting, and follow our 12 tips to help devise, and follow a budget here.