How to Start a Budget
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If you're new to the world of business, making a budget can be one of the most tedious and frustrating aspects of starting a new business. Women Entrepreneurs has a great piece at the moment that clears up the steps involved and the thought processes you need to go through.
The first step? Be strategic.
Align your budget with your company's operating strategy for 2010. The strategy should be an extension of your business plan and should clearly define your goals and objectives. This will force you to think about what is realistic in terms of sales goals and operating costs.
Take a look at the next four steps here…