Budget - what it is....

by 1949jefflee 29. June 2011 12:10
Budget - what it is.... The annual budget links the business plan to business reality because it not only projects the business's direction, but is a means of tracing the flow of money into, through and out of the business and helps the owner/manager determine how to use scarce resources. By comparing actual results with projections, the owner/manager is able to evaluate the effectiveness of various business activities.  Not having and not using a budget is a common reason for cash flow problems and subsequent business failures.

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extra job
extra job
9/7/2011 3:39:31 AM #

Amazing site, definitely bookmarking this great post. Thank you for taking the time to create and upload content like this info. Cya

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