Starting your first action plan
So, your Client has agreed your contract to improve their Financial Management by implementing a series of Action Plans (see last post).
The first is Budgeting and Forecasting and as you compile it with them you learn about all the income streams, their sources and associated direct costs.
This is the beginning not just of financial management, but also of understanding the business as a whole, and its building blocks, for you and for your client.
This Action Plan builds budgeting and forecasting into, or linked into, the accounting / bookkeeping system to set up the next Action Plan, which is Financial Reporting (to be covered in the next post).
Practical stuff from AI Business Advisor®
