we believe business owners go into business intending to make a profit
What is Profit Planning?
Profit planning is the process of creating a financial plan that outlines the expected revenues and expenses of a business for a given period, typically a year. Our primary objective of profit planning is to ensure that that your company generates a profit that meets its financial goals and objectives.
Establishing Profit Goals | Determining Expected Sales Volumes | Estimating Expenses | Determining Estimated Profit |
It strengthens the business overall
A profit plan is designed to be used with other financial projections such as a business plan, financial forecast, or organizational budget. When you create a detailed profit plan, you can compare progress each accounting period to see just how close or how far away you are from your initial targeted profit, and more importantly, take corrective action to get back on track
- Profit Goals
- Detrmining Estimated Profit
