Creating A Budget For Your Small Business: The Basics
Your small business budget is one of the most powerful planning tools you have, as long as you use it well. Along with your business plan, the financial blueprint you create with your business budgeting software will help you make important decisions and assist you in staying on course throughout the year. What is a small business budget? In basic terms, a small business budget estimates both your revenue and expenses for a particular period of time. It shows how you plan to allocate your resources in the future.