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Budgets are essential in businesses just as they are in everyday life. Producing and compiling a budget will allow you to see just where your business is and of course where it could be. So, it's best to look at a business budget more as a developmental or forecasting tool than as a chore. Throughout your businesses life you may create and set up a number of budgets including budgets for training and development and budgets for marketing, sales and promotion. When creating a budget it is best to break it down into monthly segments.
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