Let our accountants take care of your business accounting, giving you more time to focus on growing and running your business
Save time and develop your business by signing up to DMO. Our team of accredited accountants and online software make accounting and bookkeeping for consultants simple. Having worked with hundreds of consultants over the years, we’ve developed an online system that makes it easy to stay on top of your finances and bookkeeping. With updates in real-time, you’ll constantly have a clear view of your earnings, plus you can stay IR35 compliant with a contract review.
Budgeting and Forecasting (B and F)
Budgeting includes the preparation of financial reports prepared before the accounting period(s) usually showing planned income, expenditure, capital employed or cash flow.
Forecasting is the prediction of relevant future factors affecting a business and its environment and may be used as the basis for preparing budgets, for example a sales forecast or cash flow forecast.
A business plan is a comprehensive report which could contain: