Planning and Budgeting for Business Growth

Financial well-being October 04, 2016 By DJ Jones

Planning for the future state of your business is the key to helping your business grow and succeed. It is important to have a strategic plan in place, aligned with your annual budget, so that you can continue current operations while working to achieve your long-term goals.

Here is a link to an article that I recently came across, by InfoEntrepreneurs.org, which provides some great details about Budgeting and Business Planning. In this article, it says “Structured planning can make all the difference to the growth of your business. It will enable you to concentrate resources on improving profits, reducing costs and increasing returns on investment.”

I also encourage you to visit Score.org , which will take you to a gallery of business planning and financial statement templates for your future planning.

Our hope is that these websites and tools will help you to build a business plan and budget, specific to the needs of your business.

At First United, we are committed to the long term success of your business and will work with you to plan for current and future growth opportunities. Once you have created your business growth plan, contact your local First United Loan Officer or myself for more information on how we can help you achieve your goals.

By DJ Jones

Community Bank President, First United Bank - Frisco Preston

D.J. began his banking career in 2001 as a Teller in McKinney, TX. He has held several different sales and management positions, including Commercial Lending, and now serves as the Community Bank President in Frisco, TX. He attended Collin College and Stephen F. Austin State University. 

D.J. and his wife have 2 boys and two dogs. Outside of the bank, he is very involved in youth sports and has a true passion for coaching. He also enjoys fishing, hunting and hanging out at the lake wake surfing.