Vetting the Operating Plan (Budget)
An operating plan, or budget, establishes expectations for performance during the upcoming fiscal year. It puts the credibility of the management team into play -- set expectations too high and you may fail to meet them; set them too low and you may be accused of sandbagging.
Vetting a budget is easy, the problem is the wrong tools are being used to do it. Click on this link (budget_reivew_tool.xlsm) to download the Excel-based tool. The three videos below provide instructions on how to use it. Click on a video to watch it.
Vetting a budget is easy, the problem is the wrong tools are being used to do it. Click on this link (budget_reivew_tool.xlsm) to download the Excel-based tool. The three videos below provide instructions on how to use it. Click on a video to watch it.
Video 1: Loading Data into the Budget Analyzer (5 Minutes)
Video 2: One Page Budget Analysis (5 Minutes)
Video 3: Devil in the Detail (10 Minutes)