Create and Stick to Your Business Budget

Healthy Business Budget Framework

The phrase ‘every penny counts’ can not be under-appreciated in times of rapid economic ups and downs. Planning and tracking of all business monies ensures money is going to where it will have the largest impact. Budget preparations and tracking helps your business see if the money is actually being spent in the way you expected. At Quinteus, a professional accounting network designed with flexibility at its core, we work with businesses to forecast what they expect to earn, plan where to spend the earnings, monitor the plan versus actual, and advise accordingly for strategies that make the company thrive.

80% of businesses fail within the first 18 months, typically due to poor financial management. Statistically, at least 85% of every project is over budget to some degree.

Save money on full-time employee expenses and equipment and let Quinteus assist your business as and when needed. Spend less time managing employees and allow Quinteus to connect your team to the right accountant for your needs who will drive forward solutions tailored to your business. Get access to the top qualified financial professionals without having to invest in lengthy and costly recruitment procedures and enabling Quinteus to match real human financial experts to your company.

An Extension of Your Business

Quinteus provides the efficient and affordable professional extension to your business you need for peace of mind so that you can spend less time on financial management and more time on developing your core business services.

At Quinteus we know the elements of a healthy business budget framework:

• Estimated Revenue, or all the cash coming in regardless of what you spend to make this happen.

• Fixed Costs, or the money you spend consistently and month after month

• Variable Costs, or the money you spend in relation to the cost of goods as it may ebb and flow from month to month

• One off Costs, or the money you invest from time to time in your building or into research

• Positive Cash Flow, a tracking of all money in and out which will show more in than out in a set period of time

• Profit, the leftover cash in the company after subtracting expenses from revenue

But budget planning and tracking will need to be fit to the specifics of your industry, business type, and business size and for this reason Quinteus matches real accountants with companies to ensure adoption of strategies that make the company thrive.

Let Quinteus save your business money through tax savings, avoidance of fines, competitive professional fee rates, and critically, keeping you and your team happily focused on the business operations you care about ensuring you are not overworked and distracted with the financial operations. If you are spending your time on financial analysis and missing out on chances to reinvest your business, consider how Quinteus can help.

By connecting you to the pool of best in class professionals we help:

• Ease the financial burden and increase cost efficiency by bringing flexible employment options for the top talent in the industry

• Improve/boost your tax planning strategies to maximize operating results and cash flow

• Get expert advise on business modeling and other financial planning matters

• Obtain consistency and reliability of professional resources at best available rates

• Get access to the pool of high performing, reliable, highly experienced professionals directly without incurring any recruiting, training, hiring or other costs related to the full-scale hiring process