Improving Budgets
- Created by: Sumtimesadness
- Created on: 28-02-14 09:45
Fullscreen
Income Budget is the planned income for a business a over specific period of time
Expenditure Budget ia the planned expenditure for a business over a specific period of time
Profit Budget is the planned profit for a business over a specific period of time
Benefits of Budget
- Motivated staff
- Ensure spending isn't out of control
- Profit budgets provide a focus for the entreprenuer
- Establish priorites indicating level of importance
- Provide direction and coordination- geared towards business aims
- Assign responsbility- identify the person…
Comments
No comments have yet been made