Financial Guide for SMEs - SME Corporation Malaysia

More documents

Recommendations

Info

Financial Guide for SMEsChapter 3Budgeting30Chapter 2-5 p22-65 Eng.indd 308/15/11 5:01:52 PM
BudgetingBudgeting is the tool that develops thestrategic plans of the business into afinancial statement by setting out forecastedincome, expenses and investments for agiven period. The budget will enable you toevaluate and monitor the effectiveness ofthe strategic plans as they are implementedand to adjust the plan wherever necessary.Most SMEs operate without large cashreserves to draw on; therefore, budgetingwill provide the financial informationrequired to assess if the strategic planswill support the ongoing operations.In short, budgeting is the processFinancial Guide for SMEsof planning your fi nances over a period. Budgeting can also provide anopportunity to plan for several years ahead in an effort to identify changingconditions that may affect the business operations and lead to fi nancialdiffi culties.Good practice budgeting requires the following:A budget is the futurefi nancial plan of thebusiness. It is wherethe strategic plansare translated intofi nancial numbersto ensure that theseplans are fi nanciallyviable• Preparation of strategic goals;• Budgeted timeline that is aligned to the preparation of financial statements;• Regular comparison of budgets against actual financial results as disclosedin the financial statements; and• Scope for amending activities and targets.In short, budgets are one of the most important fi nancial statements, asthey provide information on the future fi nancial performance of the business.If the budgets are planned and managed well, they will be the centralfi nancial statement that allows you to monitor the fi nancial outcome of theimplementation of your strategic plans.31Chapter 2-5 p22-65 Eng.indd 318/15/11 5:01:52 PM
Page 1 and 2: FinancialGuide for SMEs
Page 3 and 4: Financial Guide for SMEsAbout the G
Page 5 and 6: Financial Guide for SMEsChapter6 :
Page 7 and 8: Financial Guide for SMEsIntroductio
Page 9 and 10: Financial Guide for SMEsCreditorsCu
Page 11 and 12: Section I : Business Finance Basics
Page 13 and 14: Financial Guide for SMEsUnderstandi
Page 15 and 16: Financial Guide for SMEsCase Study
Page 17 and 18: Financial Guide for SMEsTowards the
Page 19 and 20: Financial Guide for SMEsBalance She
Page 21 and 22: Financial Guide for SMEsStatement o
Page 23 and 24: Financial Guide for SMEsHere is an
Page 25 and 26: Financial Guide for SMEsAssessing t
Page 27 and 28: Financial Guide for SMEsSolvency Ra
Page 29 and 30: Financial Guide for SMEsManagement
Page 31: Financial Guide for SMEs29Chapter 2
Page 35 and 36: Financial Guide for SMEsAn annual b
Page 37 and 38: Financial Guide for SMEsWe can see
Page 39 and 40: Financial Guide for SMEsSection II
Page 41 and 42: Financial Guide for SMEsMaintaining
Page 43 and 44: Financial Guide for SMEsMark-upMark
Page 45 and 46: Financial Guide for SMEsDiscounting
Page 47 and 48: Financial Guide for SMEsExpense Man
Page 49 and 50: Financial Guide for SMEsImproving C
Page 51 and 52: Financial Guide for SMEsManaging In
Page 53 and 54: Financial Guide for SMEsChecklist f
Page 55 and 56: Financial Guide for SMEsUsing Numbe
Page 59 and 60: Financial Guide for SMEsTIPS FOR IM
Page 65 and 66: Financial Guide for SMEsTIPS FOR IM
Page 67 and 68: Financial Guide for SMEsCash Conver
Page 69 and 70: Financial Guide for SMEsManaging Ca
Page 71 and 72: Financial Guide for SMEsIn month 1,
Page 73 and 74: Financial Guide for SMEsCash Flow F
Page 75 and 76: Financial Guide for SMEsFinancial G
Page 77 and 78: Financial Guide for SMEsStep 3: Oth
Page 79 and 80: Financial Guide for SMEsAdam will h
Page 81 and 82: Section III : Financing Your Busine
Page 83 and 84:
Financial Guide for SMEsDebt, Equit
Page 85 and 86:
Financial Guide for SMEsDefinitions
Page 87 and 88:
Financial Guide for SMEsTypes of Se
Page 89 and 90:
Repayment of Debt Finance/ Investme
Page 91 and 92:
Financial Guide for SMEsAdvantagesD
Page 93 and 94:
Financial Guide for SMEsDeciding Be
Page 95 and 96:
Financial Guide for SMEsUnderstandi
Page 97 and 98:
Financial Guide for SMEsProducts fo
Page 99 and 100:
Financial Guide for SMEsPurpose Pro
Page 101 and 102:
Page 103 and 104:
Page 105 and 106:
Financial Guide for SMEsTransaction
Page 107 and 108:
Financial Guide for SMEs• Do you
Page 109 and 110:
Financial Guide for SMEs107chapter
Page 111 and 112:
Financial Guide for SMEsTrade Finan
Page 113 and 114:
Financial Guide for SMEsThe option
Page 115 and 116:
Financial Guide for SMEsInternation
Page 117 and 118:
Financial Guide for SMEsProduct Usa
Page 119 and 120:
Financial Guide for SMEsFinancial G
Page 121 and 122:
Section IV : Managing LendersBanker
Page 123 and 124:
Financial Guide for SMEsApplying Fo
Page 125 and 126:
Financial Guide for SMEsSME FINANCI
Page 127 and 128:
Financial Guide for SMEs2.3.4.5.Sec
Page 129 and 130:
Financial Guide for SMEs3.4.Section
Page 131 and 132:
Financial Guide for SMEsType of Doc
Page 133 and 134:
Financial Guide for SMEs3.4.5.6.7.8
Page 135 and 136:
Financial Guide for SMEsLoan Applic
Page 137 and 138:
Financial Guide for SMEsExample of
Page 139 and 140:
Financial Guide for SMEssheet will
Page 141 and 142:
Financial Guide for SMEsTo gain an
Page 143 and 144:
Financial Guide for SMEs141chapter
Page 145 and 146:
Financial Guide for SMEsRefinancing
Page 147 and 148:
Financial Guide for SMEsBenefits of
Page 149 and 150:
Financial Guide for SMEsChange in v
Page 151 and 152:
Financial Guide for SMEsBanking Rev
Page 153 and 154:
Financial Guide for SMEsYou should
Page 155 and 156:
Financial Guide for SMEsManaging Yo
Page 157 and 158:
Financial Guide for SMEsManaging Di
Page 159 and 160:
Section V : Better Business Financi
Page 161 and 162:
Financial Guide for SMEsFinancial C
Page 163 and 164:
Financial Guide for SMEsProcedureAc
Page 165 and 166:
Financial Guide for SMEsSalesIs the
Page 167 and 168:
Financial Guide for SMEsBank Reconc
Page 169 and 170:
Financial Guide for SMEsEmployeesAr
Page 171 and 172:
Page 173 and 174:
Page 175 and 176:
ChapterSix-Cash and ProfitCashYouro
Page 177 and 178:
Page 179 and 180:
Page 181 and 182:
Page 183 and 184:
Financial Guide for SMEsACKNOWLEDGE
show all

Financial Guide for SMEs - SME Corporation Malaysia

Create successful ePaper yourself

Delete template?

Save as template?