SERVICES · BUDGETING & FORECASTING
SERVICES · BUDGETING & FORECASTINGPlan the year before it happens.
Plan the year *before* it happens.A budget gives you a benchmark for the year, and a forecast gives your lender what they need. We prepare both with you and compare them with your actual results as the year goes on.
A budget gives you a benchmark for the year, and a forecast gives your lender what they need. We prepare both with you and compare them with your actual results as the year goes on.
Budget and forecast
Budget and forecastTwo tools with different jobs
Two tools with different jobsLooks at
**Looks at**The year you are in
The year you are inThe year ahead
The year aheadHow it changes
**How it changes**Set once, before the year starts
Set once, before the year startsUpdated as your results come in
Updated as your results come inWhat it is for
**What it is for**Measuring results and identifying issues
Measuring results and identifying issuesPlanning ahead or showing a lender how a loan will be repaid
Planning ahead or showing a lender how a loan will be repaidWho usually asks for it
**Who usually asks for it**You and your management team
You and your management teamMost lenders, for a new loan
Most lenders, for a new loanThe cycle
The cycleHow the year runs
How the year runsWe prepare the forecast with you from your recent financial statements and your expectations for the business, then compare it with your actual results and adjust it as circumstances change.
We prepare the forecast with you from your recent financial statements and your expectations for the business, then compare it with your actual results and adjust it as circumstances change.Before the year
Before the yearSet the budget
Set the budgetGoals for the year and a benchmark to measure your results against.
Goals for the year and a benchmark to measure your results against.Through the year
Through the yearCompare it with your results
Compare it with your resultsWe compare the forecast with your actual results and adjust it as needed.
We compare the forecast with your actual results and adjust it as needed.When you borrow
When you borrowProvide a forecast to your lender
Provide a forecast to your lenderMany lenders require one for a new loan, to see how the business will repay it.
Many lenders require one for a new loan, to see how the business will repay it.At year-end
At year-endLook ahead
Look aheadYour numbers have been monitored all year, so year-end is about planning what comes next.
Your numbers have been monitored all year, so year-end is about planning what comes next.Before you call
Before you callQuestions we get a lot
Questions we get a lotMany lenders require one for a new loan. A forecast shows them how the business expects to perform and how the loan will be repaid.
Many lenders require one for a new loan. A forecast shows them how the business expects to perform and how the loan will be repaid.Throughout the year. We compare the forecast to your current numbers and adjust the goals as the business changes.
Throughout the year. We compare the forecast to your current numbers and adjust the goals as the business changes.No. A budget helps any business monitor its performance and meet the goals it sets, whatever its size.
No. A budget helps any business monitor its performance and meet the goals it sets, whatever its size.Your recent financial statements and a conversation about where you want the business to go. We prepare the first draft from there.
Your recent financial statements and a conversation about where you want the business to go. We prepare the first draft from there.Have a question that isn't answered here?
Have a question that isn't answered here?
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REACH OUTLet’s get started
Let’s get startedTell us about your business and we will explain how we can help.
Tell us about your business and we will explain how we can help.CALL
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VISIT853 Main Street East, Hamilton
853 Main Street East, Hamilton
Chartered Professional Accountants in Hamilton, Ontario. Corporate accounting, assurance and tax for companies throughout the province.
Chartered Professional Accountants in Hamilton, Ontario. Corporate accounting, assurance and tax for companies throughout the province.Firm
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Office© 2026 KLP Partners LLP.
© 2026 KLP Partners LLP.