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3 Easy Steps in Budgeting

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Manage episode 213016392 series 2398987
Innhold levert av BizReflections. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av BizReflections eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Budgeting is an important aspect of business planning whether the business is a start-up or operational. It is a process of making a plan of future income and expenses, capital expenditures and cash requirements over a period of time, generally within a 12-month period.

The most common budget consists of income and expenses where projected revenues and expenses are determined based on reliable information to achieve the desired profit.

Budgeting is an effective monitoring tool in measuring the financial performance of the business by comparing the actual results of operations versus budget.

by Fe Soncayaon, CPA, CGA | FSS Accountinglink Professional Corporation or FAPC | 647-526-4873 | info@fssaccountinglinkpc.ca | www.fssaccountinglinkpc.ca

  continue reading

30 episoder

Artwork
iconDel
 
Manage episode 213016392 series 2398987
Innhold levert av BizReflections. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av BizReflections eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Budgeting is an important aspect of business planning whether the business is a start-up or operational. It is a process of making a plan of future income and expenses, capital expenditures and cash requirements over a period of time, generally within a 12-month period.

The most common budget consists of income and expenses where projected revenues and expenses are determined based on reliable information to achieve the desired profit.

Budgeting is an effective monitoring tool in measuring the financial performance of the business by comparing the actual results of operations versus budget.

by Fe Soncayaon, CPA, CGA | FSS Accountinglink Professional Corporation or FAPC | 647-526-4873 | info@fssaccountinglinkpc.ca | www.fssaccountinglinkpc.ca

  continue reading

30 episoder

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