{"id":3546,"date":"2016-08-30T00:00:00","date_gmt":"2016-08-29T22:00:00","guid":{"rendered":"https:\/\/www.ban.co.za\/ban-clients\/business-financial-budgeting-in-tough-economic-times\/"},"modified":"2022-09-21T08:37:49","modified_gmt":"2022-09-21T06:37:49","slug":"business-financial-budgeting-in-tough-economic-times","status":"publish","type":"post","link":"https:\/\/www.ban.co.za\/ban-clients\/business-financial-budgeting-in-tough-economic-times\/","title":{"rendered":"Business financial budgeting in tough economic times"},"content":{"rendered":"

With tougher economic times ahead for South Africa, smaller businesses that do not prepare a financial plan (also known as a budget or forecast) are setting themselves up for failure. Businesses need to financially forecast future commercial results and cash flows to determine how best to navigate economic uncertainties and still achieve growth and long term objectives.\u00a0 This is good business practice, despite the economic environment<\/p>\n

In the August 2016 issue of our BAN Bulletin<\/strong> newsletter, Monique Sharland shares more insight into what is a financial plan, what its purpose is and how it can support your business\u2019s continued existence through difficult financial stretches.<\/p>\n

Click here to read the full article –\u00a0Business Financial Budgeting for Tough Economic Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

With tougher economic times ahead for South Africa, smaller businesses that do not prepare a financial plan (also known as a budget or forecast) are setting themselves up for failure. Businesses need to financially forecast future commercial results and cash flows to determine how best to navigate economic uncertainties and still achieve growth and long…<\/p>\n","protected":false},"author":4,"featured_media":3547,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"post_series":[],"class_list":["post-3546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","entry","has-media"],"yoast_head":"\nBusiness Financial Budgeting & Tough Economic Times | BAN Clients<\/title>\n<meta name=\"description\" content=\"With tougher economic times ahead for South Africa, smaller businesses that do not prepare a financial plan or forecast are setting themselves up for failure.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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