Tuesday, July 5, 2011

How to write a budget for your business

A budget is probably the most crucial document required for your business. 

To start on your budget you first have to define what expenses you anticipate will occur. These can be categorised into operating expenses and overheads. Operating or working expenses include items such as stationery, fuel and communications which are variable in terms of how they are used. Overheads cover the fixed costs of a business, including items such as rent and machinery.

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