Financial Planning

Hidasi Consulting Group can help your organization determine how it will afford to achieve its strategic goals and objectives. Financial plans describe each of the activities, resources, equipment and materials that are needed to achieve these goals and objectives, as well as the timeframes involved. Financial planning is a critical activity for every business irrespective of its age and size. For new enterprises, the preparation of financial projections is an integral part of the business planning process. For existing companies, financial planning forms part of the annual budgeting and plays an important role in long-term planning, corporate development, merger and acquisitions, expansion of capacity, development of new products or even overseas expansion.

Financial models are used to compile forecasts and budgets to assess possible funding requirements and to explore the likely financial costs of alternative funding, marketing or operational strategies. Used effectively, a financial model can help prevent major planning errors, identify or evaluate opportunities, attract external funding, evaluate financial and development options, provide strategic guidance and monitor progress.

We can provide your company with services such as:

Assessing the business environment
Confirming the business vision and objectives
Identifying the types of resources needed to achieve these objectives
Quantifying the amount of resource (labor, equipment, materials)
Calculating the total cost of each type of resource
Summarizing the costs to create a budget
Identifying any risks and issues with the budget set