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Budget Variance

budget variance

What is Budget Variance?

Are you tired of feeling like your business is constantly struggling to meet financial goals? Are you unsure of why your actual results are different from what was planned?

If so, the Anne Napolitano Consulting team is here to help.

Our team of experienced professionals can help you conduct a budget variance analysis.

A variance is the difference between your budgeted amount for a particular item and the actual amount spent or earned. It can be calculated for various elements of a budget, including revenues, expenses, and profits. Positive variances indicate that actual results were better than expected, while negative variances indicate that actual results were worse than expected. Conducting a budget variance analysis will help you identify areas where performance deviated from expectations and plan to make adjustments for the future.

Why is Budget Variance Important?

Do you want to pinpoint areas where your business is blowing it out of the water and the areas where you’re coming up short?

With budget variance analysis, you can do just that.

As a result of conducting a budget variance analysis, you can:

  • Identify areas of overspending or underspending
  • Determine the root causes of variances
  • Recognize what is and is not working
  • Create accurate and realistic budgets moving forward

Having an accurate budget is important to the success of your business. 

Let us help.

Let Us Conduct a Budget Variance Analysis

At Anne Napolitano Consulting, we understand the importance of budgeting in any business and the frustration that can come with variances. That’s why we offer comprehensive budget variance analysis services to help you get a clear understanding of where your business stands financially.

Our team will work closely with you to analyze your budget and identify areas where actual results deviate from expectations. We’ll then provide you with detailed reports and recommendations on how to make adjustments for future planning.

Ready to Learn More?

Don’t leave your company’s financial future to chance. Contact us today to schedule a consultation. Let Anne Napolitano Consulting provide you with the expert guidance and support you need to take control of your finances and reach your financial goals.

Please submit the form below for a complimentary consultation. We look forward to hearing from you!