Budget Consultation

WHAT IS ANNUAL PRODUCTION - BUSINESS PLAN?

♦ Is a Plan summarizing the main activities of the Business, including marketing, Sales; Manufacture; Purchase; Personnel; Finance, etc.
♦ In the Business's operating plan, the main goals are specifically quantified and presented in tables to help readers easily understand them from overview to detail.

 


BENEFITS OF BUDGET PLAN

Helps executives have an overall vision of their business in the coming year.


♦ Establish orientation of the business's activities.


♦ Set specific quantified goals to be achieved in the plan year.


♦ Link each goal with a detailed plan for its achievement.


♦ Prepare enough resources for implementation.


♦ Help departments within the Company align towards common goals.


♦ Foster conditions for departments within the Business to cooperate, connect, and enhance collective strength.


♦ Assign clear and specific targets to departments for the coming year.


♦ Easily evaluate the level of goal accomplishment when implemented.


♦ Evaluate achievements and quantify rewards and punishments related to goal attainment.


♦ Oriented towards professional corporate governance.


PLANNING PROCESS

PLANNING STEP

 

BASIC STRUCTURE OF THE PLAN
♦ Forecast and evaluate the implementation of the current year's plan.


♦ Evaluate the situation both outside and inside the Company.


♦ Determine the main targets of the plan year.


♦ Basic plans:
• Marketing, business
• Production/ Purchase/ Import
• Investment
• Finance
• Personnel
• Administration
• System management
• Other departments


♦ Financial forecasts (budget):
• Business results
• Cash flow
• Summary table of assets and capital sources.


♦ Appendices, explanations, and detailed action plans:
• Cash flow
• Summary table of assets and capital sources



NEEDS AND DIFFICULTIES OF ENTERPRISE IN PLANNING

♦ With the above meanings, planning production and business for the next year is always an important need for the Company executives.


♦ However, in practice, some businesses have not yet implemented or incompletely implemented the planning work due to the following reasons:
• Lack of time.
• Lack of personnel in overall charge.
• Feeling confused with the concepts: Production - business plan; Operational plan; Budget plan; Sales plan; production plan...
• No overall process and not enough necessary skills to organize planning.



ICMA'S BUSINESS PLANNING CONSULTATION SERVICES AND THE BENEFITS THEY BRING TO CLIENTS
♦ The experts of ICMA Auditing and Consulting Company (ICMA for short) have many years of practical experience in organizing and consulting on production and business planning for many different types of businesses: production, trade, real estate... should clearly understand the planning needs of the executive and how to organize planning work from beginning to end.


♦ With these experiences, ICMA wants to share them with businesses through consulting services to create annual production and business plans.


♦ Benefits of the service:
• Your Company will have the business plan for next year as desired through professional planning organization, consistent with schedule, with actual resources and consistent with the characteristics of production activities of your Company's business.
• Through the process of making the Annual Plan, your Company's internal resources can autonomously organize planning for the following years by adopting planning processes, forms, and sequences from
ICMA.
IMCA offers preferential service costs with the hope of fostering a long-term cooperative relationship and providing more products and services to your Company on the principle of mutual benefit.



CONTACT INFO
With the above benefits, we hope customers will feel more secure and satisfied when experiencing services at ICMA.
For more details, please contact us:
► Nguyen Cong Hiep (Mr.) - General Director
► Phone: 0908 173 769
► Email: hiep.nc@icma.com.vn
► Address: 65 Pham Ngoc Thach, Vo Thi Sau Ward, District 3, Ho Chi Minh City

 

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