How To Investigate Unexpected Variance In Your Business Budget

You are a small business owner with a solid budget. Great! However, there are unexplained variances in your budget. Oh-oh! It is important that you investigate unexpected variances as quickly and thoroughly as possible. Unfortunately, the unexpected variance will almost never be in your favor and there are a number of troublesome explanations that will require immediate action. The first thing that you need to nail down is where in the budget the variance is occurring.