Worksheet Templates. Wednesday , April 04th , 2018 - 07:06:39 AM
A projected business budget will not always match your business income and expenses, but it helps your company run at peak performance. Your budget can always be changed, but the first step is to create one.
Establishing a budget for your business is important, whether you are in the start-up phase or you are currently running your company. The biggest reason that businesses fail is that they run out of money. This can mean that they do not have enough revenue coming in, but it can also mean that they are overspending.
When you write out your budgeted start-up and monthly costs, also include a column that will show the "actual" expenditures. This way, you know exactly where your money is going, and where you need to make adjustments.
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