Exploring The Financial Budget Based On Multiple Starting Points

As a part of budget management,financial budget has become one of the important management tools of enterprises.Under the guidance of strategic objectives,the preparation of a reasonable financial budget to improve the management and economic benefits of enterprises has become the consensus of many enterprises.Starting from the starting point of budget preparation,this article first reviews the relevant documents such as the starting point of budget preparation and multi-start theory,and expounds the relevant concepts and theoretical basis.On the basis of these studies,this article analyzes the multi-start point theory and believes that the financial budget can be compiled using the multi-start point view under the guidance of the company’s strategic goals.In terms of the preparation of financial budgets,this paper proposes that the idea of constructing a model can be used to carry out the work.Based on the strategic goals of the enterprise,the construction and application of the model are explained under two different financial goals,hard constraints and flexible constraints.Under the constraints of hard conditions,the model can directly construct the equation(group)model according to the constraints to obtain the budget value,and under the constraints of flexible conditions,it is necessary to construct an inequality group according to each constraint condition,and the budget value interval under the flexible constraints is obtained after calculation.Finally,the article draws on a case to demonstrate the feasibility of the model idea in the preparation of the financial budget,and draws a conclusion.In the process of research,the main innovation of this article is to use a multi-start point of view,simplify the traditional cycle of financial budget calculation in the preparation process by constructing equations or inequality group models,and provides ideas for the preparation of financial budgets under comprehensive strategic objectives.Based on the enterprise’s strategic goals,this article divides the basic financial requirements of the IPO,convertible bonds and other capital market operations on the enterprise into hard constraints,and divides the interval targets set by the enterprise against benchmark enterprises in the target industry into flexible constraints.Enterprises can build equation or inequality group models according to different constraints,and then calculate the budget value that meets the conditions through calculation.The idea of model construction in the article can solve the financial budget preparation under the complex budget target.The research in this paper expects to inject new elements into financial budget-related theories while also providing a certain reference for enterprises to carry out their practice.