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Budget Planning
One of the most common pain points when setting a budget is working with inaccurate data. Inaccurate sales projections, market expectations, expense estimates, and even records can throw a wrench into your budgeting.
Another common pain point that tends to lead to budgeting problems is a lack of time. The executive’s day-to-day is by default packed with meetings and responsibilities. When budget season rolls around, finding additional time can be nearly impossible.
We help our clients address both pain points with our accurate sales and industry forecasting. With precise sales projections and market expectations, you get the power of reliable information without having to dedicate the time to produce it on your own.
Play Video about budget planning
Once you have an ITR Economics sales forecast, you can begin to set your budget with confidence.
When you know where your business is in the business cycle, what is coming during the next three years, and how your markets will drive that future, you have the necessary foresight to set your expense budgets judiciously, allocate resources appropriately, and plan investments effectively.
Solutions to Assist in Your Budget Planning
EVP™ Programs
Our EVP™ programs help executives understand the natural drivers of their business and identify opportunities to maximize performance.
Onsite Consultation
Our onsite consultations bring our expert foresight and guidance directly to your team, and at the right time.
DataCast Pro™
DataCast Pro™ uses business cycle analysis, coupled with our expert economists’ guidance, to help you create a roadmap to success.
Insider™
An Insider™ membership gives you exclusive access to some of our most timely updates. That way, you stay current with our perspective on the economic events that will impact business activity.
"The accuracy of ITR’s forecasts and data have been spot on since we started working with them five years ago. NEMEON’s owners can reliably prepare their business plans due to their accuracy, we have seen the results."
Dave O'Donnell
President and CEO of Nemeon"We have been long-term subscribers to the ITR Trend Report because it makes us money. With this report, the economists are able to predict 6 quarters in advance with over 95% accuracy. I can honestly tell you that the information and insight provided has made us millions of dollars over the years. We use it for everything from new product development to timing of price increases. Worth every penny!"