
S Venkat, Co-Founder MyCFO
It is that time of the year when you as entrepreneurs or finance professionals will be planning the budget for FY17 – 18. Having helped over 300 companies with their Budgeting and Business Planning process over the last 5 years, the MyCFO team has put together this blog to help you get more value out of this exercise.
Here are some pointers that will help you plan more incisively and get an output which is not just an excel spreadsheet but gives you a real shot at moving your organisation in the right direction at the right pace. As part of this new year’s new resolutions, make your budget reflect where you want your business to go and how you want it to grow. Take a conscious step back; see where you are and then, move on to see where you want to be. Or where you can be. Your budget is a map. Here are some pointers as to how you could draw it.