AS business studies expenditure budget

HideShow resource information
  • Created by: alexander
  • Created on: 11-02-13 18:28

The expenditure budget is a vital part of planning a start-up because:

  • –  Business likely to incur costs before it starts trading

  • –  Need to ensure it has sufficient cash to pay for the costs

  • –  Poor control of costs may lead to business failure

    Ideally, the expenditure budget is prepared in as much detail as possible Overall objective – needs to be complete and prudent

    Prudent

    • Budget

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all resources »