budgeting Archives - Evolution Business Consulting

4 Challenges to Managing Working Capital

By Michael Church|2018-12-11T13:20:02+00:00July 25th, 2018|budgeting|

Working capital is a simple concept because it's all about freeing up the company's cash. Unfortunately, many organizations face serious internal challenges that can interfere with their ability to do this. As they've discovered, it's one thing to recognize the need for working capital improvement and another to understand what steps to take to improve cash flow. Common challenges to [...]

– 2 Useful Budgeting Tips for Your Next Planning Cycle

By Michael Church|2018-12-11T13:22:04+00:00July 12th, 2018|budgeting|

For mature companies, the budgeting process is of enormous importance. Each year, companies manage to introduce an item or two into their budgets to keep pace with the rapidly changing business environment. A solid budget generally includes a macroeconomic forecast for the upcoming year, a description of the business outlook, revenue forecasts by business segments, geography, product lines, etc. as [...]