In NZ, our new financial year starts on the 1st April. Creating a financial budget, even in a year that is filled with uncertainty is the best way to ensure you won’t be ‘busy’ through the entire year and only to discover that your business has underperformed.
The trick to ensuring that your budgeting adds value to your business lies in its setup, the ‘what-if’ scenarios and ensuring that it is kept relevant with live data.