The Optimized Research Of FM Company’s Budget Preparation

The budget is a scientific means of enterprise management. To achieve the goals ofoptimal allocation of resources and efficiently operate business activities, it analyze,forecast and make decision on the revenues, costs, expenses and capital projects based onthe enterprise strategic planning. The quality of budget preparation determines the quality ofbudgetary data, the achievement of corporate goals, especially in the retail industry.In thispaper, we treat FM company in Guangzhou as our research object and analyze their currentbudgeting situation. We find its’ main problems that exist in the process of budget and thenpresent proposals for improvement of the company’s capabilities to manage and control itsbranches.Firstly, we introduce the background, importance and theoretical researches on thebudget at home and abroad of this paper. The objectives, content, methods and frame arealso present;Secondly, an overview of the FM company including the company’s background,scope and organizational structure, the reason, fulfillment and problems of budgeting arefully described and analyzed. Next we analyzes its implementation and problems ofbudgeting based on these current situation.Finally, we propose some advices for the improvement of budgeting, includingencourage policymakers to participate in the budget preparation, combine with the actualuse of budgeting, enhance communication and reduce information asymmetry anddecompose budget targets reasonably. Finally we make a simple forecast for the result ofbudgeting optimization.In the fourth chapter, this paper describes safeguard measurements in the process ofbudgeting optimization in FM companies, including strengthen the education of the staff,appeal the management to pay attention to budgeting and keep abreast of changes ofenvironment of the branches.