– the profitability budget, and
– the cash flow budget
The information provided in these posts is not intended to be exhaustive, this is merely a chance for me to let you know about some of the areas I’ve come across where others have had a few troubles, and which I would love for you all to consider…
Having said that, there’s one more issue I’d like to raise with you – and that is a reminder that budgets aren’t just for business, they can be for individuals and households too!
Anyone who is savvy with a spread sheet can prepare a budget, but there are also some pretty amazing (and cost effective) software tools available for assisting with this process as well as recording your actual results and in some cases allowing for electronic filing of documents!
If you’re unsure where to start, The Tax Chic can help!