About Me

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Andrew J. Jordan, CPA, MSF is a licensed Certified Public Accountant. He achieved a successful career as a CPA, Financial Manager and Consultant for a variety of large and small businesses. Andrew is experienced in creating value for companies in industries ranging from staffing and professional services, retail automotive dealerships, manufacturing and real estate. He also has over 25 years experience assisting individuals and businesses with income tax planning and compliance. Andrew holds a Bachelor of Science degree in Business Administration from Wayne State University in Detroit, MI and a Master of Science in Finance from Walsh College in Troy, MI. His graduate education included significant elective study in Taxation. His services include: Accounting, Tax and Advisory Services. Visit andrewjordancpa.com for more information.

Thursday, September 22, 2011

Key Benefits of the Business Planning and Budgeting Process

This is the time of year that business owners need to continue to focus on the current year but also start thinking about next year. When we think about the future of your business the Planning and Budgeting Process comes to mind.  Every business has this process, some more formalized than others.   The benefits of planning and budgeting usually will outweigh the effort.  It's like anything else the more you put into it the more one can potentially get out of it.  The following discussion outlines the potential benefits of planning and budgeting.  (Pretty much a list of the typical roles and responsibilities of management.)