Beril Ogot Insurance

kenya

Beril Ogot Insurance Agency

kenya

[vc_row][vc_column width=”2/3″][vc_column_text]How do you know at any point in time whether your company is solvent? How do you deal with financial bottlenecks? Is there a way to determine the future of your business? The answer to these questions and more are found in establishing solid corporate financial planning.

Early 2020 saw people around the world begin to stockpile necessities. An unprecedented crisis had begun, and global uncertainty mounted by the minute. As a result, many hoarded basic items such as toilet paper and other commodities as a safeguard for an uncertain future.

For companies, money is that safeguard. Businesses should always be solvent and have enough cash to pay outstanding bills, make investments when there is a surplus, and reduce expenses when it slips into the red. But how do you know if your business is always solvent? To stay on top of your income and expenses, you need a solid corporate financial plan and that’s where we partner with you to ensure you’re well prepared for any eventualities.[/vc_column_text][/vc_column][vc_column width=”1/3″][stm_spacing lg_spacing=”0″ md_spacing=”0″ sm_spacing=”0″ xs_spacing=”30″][vc_single_image image=”7087″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][stm_spacing lg_spacing=”100″ md_spacing=”80″ sm_spacing=”70″ xs_spacing=”60″][/vc_column][/vc_row][vc_row full_width=”stretch_row” css=”.vc_custom_1573722038433{background-color: #f2f4fa !important;}”][vc_column width=”1/2″][stm_spacing lg_spacing=”90″ md_spacing=”80″ sm_spacing=”70″ xs_spacing=”60″][vc_custom_heading text=”Corporate Financial Planning Process” use_theme_fonts=”yes”][vc_column_text]

Corporate financial planning is a foundational portion of corporate planning and an important business management tool. It forms the basis for future financial decisions. In the corporate financial planning process, all financial data of a company is recorded and evaluated. It enables you to determine how efficiently your company is operating. If the assessment is positive, the financial plan may be more convincing to investors to invest profitably in your business.

Company founders often consider financial planning, but the financial plan also plays a central role beyond the initial phase of a business. If the corporate financial planning process is done correctly, the plan will show your liquid assets at any point in time. That way, you will always know if your business is financially sound or if action is required. Think of the financial planning process as an investment in the future. If you want your business to succeed in the long run, it will be one of your most important investments. Your corporate financial plan influences future decisions by shining a light on performance. This enables a continuous comparison between target and actual status and adjust your plan if necessary.

[/vc_column_text][stm_spacing lg_spacing=”90″ md_spacing=”80″ sm_spacing=”70″ xs_spacing=”60″][/vc_column][vc_column width=”1/2″][stm_spacing lg_spacing=”90″ md_spacing=”80″ sm_spacing=”70″ xs_spacing=”0″][vc_single_image image=”7088″ img_size=”full”][stm_spacing lg_spacing=”30″ md_spacing=”30″ sm_spacing=”20″ xs_spacing=”10″][vc_single_image image=”7089″ img_size=”full”][stm_spacing lg_spacing=”90″ md_spacing=”80″ sm_spacing=”70″ xs_spacing=”60″][/vc_column][/vc_row][vc_row][vc_column][stm_spacing lg_spacing=”100″ md_spacing=”80″ sm_spacing=”70″ xs_spacing=”60″][vc_custom_heading text=”Steps in the Financial Planning Process” font_container=”tag:h2|text_align:center” use_theme_fonts=”yes”][stm_spacing lg_spacing=”20″ md_spacing=”15″ sm_spacing=”10″ xs_spacing=”10″][vc_row_inner][vc_column_inner width=”1/3″][stm_icon_box icon=”fas fa-chart-bar” style=”icon_left” icon_size=”21″ icon_color=”base” icon_bg_color=”third_bg” icon_width=”70″ title=”Sales Planning”]Sales planning is a key part of the corporate financial plan. Commonly spanning between two and five years, it often serves as a decision-making aid for banks when granting loans. If there is data from previous years, it should be included in the strategic sales plan, as well as capacity limits and, depending on the industry, seasonal restrictions. While much of this information may be an estimate, you can still track in the weeks, months, and years thereafter whether your sales are developing according to expectations or whether there are deviations which should be addressed.[/stm_icon_box][/vc_column_inner][vc_column_inner width=”1/3″][stm_icon_box icon=”far fa-money-bill-alt” style=”icon_left” icon_size=”21″ icon_color=”base” icon_bg_color=”third_bg” icon_width=”70″ title=”Capital Requirements Planning”]The capital requirements plan is another sub-plan of corporate financial planning. It determines what capital requirements will arise in your company in the next few years. Capital requirements include start-up costs (in the initial phase of companies), fixed assets, and inventories. Potential losses should also be planned for. Supplement your capital requirements planning with financial requirements planning to learn where your financial resources will come from to cover the capital requirements. These usually come from equity and borrowed capital.[/stm_icon_box][/vc_column_inner][vc_column_inner width=”1/3″][stm_icon_box icon=”fas fa-calendar-alt” style=”icon_left” icon_size=”21″ icon_color=”base” icon_bg_color=”third_bg” icon_width=”70″ title=”Investment Planning”]The amount of your planned investments depends on your individual business model. For example, a freelance professional will probably have lower investments in basic equipment compared to opening a restaurant. But even beyond the start-up phase, the investment plan allows you to record expansion investments that may become necessary in subsequent years. Plan for the months when you want to invest so the money is available when needed.[/stm_icon_box][/vc_column_inner][/vc_row_inner][stm_spacing lg_spacing=”40″ md_spacing=”40″ sm_spacing=”30″ xs_spacing=”30″][vc_row_inner][vc_column_inner width=”1/3″][stm_icon_box icon=”fas fa-hand-holding-usd” style=”icon_left” icon_size=”21″ icon_color=”base” icon_bg_color=”third_bg” icon_width=”70″ title=”Liquidity Planning”]Liquidity planning complements the other sub-plans. All variables that affect the level of the account balance are included in this plan. These include tax arrears and advance payments, redemption payments, borrowings, and the like. The aim is to always ensure the company’s solvency in the future. The entire future capital requirement is derived from the liquidity plan. This makes this subplan one of the most important for companies. Liquidity planning should cover a time span of six to twelve months and, if possible, include the past two years in the analysis.[/stm_icon_box][/vc_column_inner][vc_column_inner width=”1/3″][stm_icon_box icon=”fas fa-thumbs-up” style=”icon_left” icon_size=”21″ icon_color=”base” icon_bg_color=”third_bg” icon_width=”70″ title=”Advantages of Planning”]Being better prepared for emergencies—Ideally, an emergency won’t occur at all because your financial plan will let you know in advance where bottlenecks may occur and how to respond to them.

Faster response times—If an unforeseen event does occur, you can react to it quickly because you already have an overview of the entire company and can easily address deviations.

Enabling stable planning, even in the long term—Accurate corporate financial planning ensures better long-term business performance.

Clearly defined strategy and goals—Knowing the financial performance of your company, short term and long term, means you can safely build on it.

Increased transparency in the company—Not only do you always know where your company stands, but you can also offer greater security to your investors.[/stm_icon_box][/vc_column_inner][vc_column_inner width=”1/3″][stm_icon_box icon=”fas fa-binoculars” style=”icon_left” icon_size=”21″ icon_color=”base” icon_bg_color=”third_bg” icon_width=”70″ title=”Bottomline”]As the world recovers from a global pandemic, uncertainty still lingers. While many have become accustomed to the uncertainty and no longer feel the need to stockpile basic items, business uncertainty is still very tangible for companies of all sizes. Where do we go from here? Where will we be in two, five or ten years? Long-term business success means modern integrated business planning. A corporate financial plan provides you with vital transparency and accuracy to ensure your organization can remain agile and resilient.[/stm_icon_box][/vc_column_inner][/vc_row_inner][stm_spacing lg_spacing=”100″ md_spacing=”80″ sm_spacing=”70″ xs_spacing=”60″][/vc_column][/vc_row][vc_row full_width=”stretch_row” disable_element=”yes” css=”.vc_custom_1681979465694{background-color: #f2f4fa !important;}”][vc_column][stm_spacing lg_spacing=”100″ md_spacing=”80″ sm_spacing=”70″ xs_spacing=”60″][vc_custom_heading text=”Why traders choose us” font_container=”tag:h2|text_align:center” use_theme_fonts=”yes”][stm_spacing lg_spacing=”20″ md_spacing=”15″ sm_spacing=”10″ xs_spacing=”10″][vc_row_inner][vc_column_inner width=”1/2″][stm_info_box style=”style_7″ title=”Raw Spreads” link=”url:%2F|title:Read%20more||”]Receive premium pricing from Top Tier financial institutions. Pricing from Top Tier financial institutions.[/stm_info_box][stm_spacing lg_spacing=”30″ md_spacing=”30″ sm_spacing=”30″ xs_spacing=”30″][/vc_column_inner][vc_column_inner width=”1/2″][stm_info_box style=”style_7″ title=”No Dealing Desk” link=”url:%2F|title:Read%20more||”]Receive premium pricing from Top Tier financial institutions. Pricing from Top Tier financial institutions.[/stm_info_box][stm_spacing lg_spacing=”30″ md_spacing=”30″ sm_spacing=”30″ xs_spacing=”30″][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width=”1/2″][stm_info_box style=”style_7″ title=”State of the Art” link=”url:%2F|title:Read%20more||”]Receive premium pricing from Top Tier financial institutions. Pricing from Top Tier financial institutions.[/stm_info_box][stm_spacing lg_spacing=”30″ md_spacing=”30″ sm_spacing=”30″ xs_spacing=”30″][/vc_column_inner][vc_column_inner width=”1/2″][stm_info_box style=”style_7″ title=”Raw Spreads” link=”url:%2F|title:Read%20more||”]Receive premium pricing from Top Tier financial institutions. Pricing from Top Tier financial institutions.[/stm_info_box][/vc_column_inner][/vc_row_inner][stm_spacing lg_spacing=”100″ md_spacing=”80″ sm_spacing=”70″ xs_spacing=”60″][/vc_column][/vc_row][vc_row disable_element=”yes”][vc_column][stm_spacing lg_spacing=”40″ md_spacing=”35″ sm_spacing=”30″ xs_spacing=”30″][stm_spacing lg_spacing=”100″ md_spacing=”80″ sm_spacing=”70″ xs_spacing=”60″][vc_custom_heading text=”Why traders choose us” font_container=”tag:h2|text_align:center” use_theme_fonts=”yes”][stm_spacing lg_spacing=”20″ md_spacing=”15″ sm_spacing=”10″ xs_spacing=”10″][vc_column_text]

While we are focusing on solving the Human Resources of the businesses, their owners can have more time and focus on their core responsibilities.

[/vc_column_text][stm_spacing lg_spacing=”40″ md_spacing=”35″ sm_spacing=”30″ xs_spacing=”30″][vc_row_inner][vc_column_inner width=”1/3″][stm_pricing_plan style=”style_2″ title=”Starter” price=”Free” subtitle=”for up to 2 editors 
and 3 projects” link=”url:%23|title:Get%20now||”]

  • 3 projects
  • 30-day version history
  • Up to 2 editors
  • Unlimited cloud storage

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  • Org-wide design systems
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Improve the management of your company and save money by making wiser decisions. Benefit from our Corporate Financial Planning Service?

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