What Kind of Budget Does your Business Need?

There will be times in any business when there will be more expenses than income.

However, there are ways to meet these challenges:

You must have a financial budget which is constantly reviewed according to the changing circumstances of the business.

You must have sales targets aligned with the potential of the business. Challenging but achievable.

Never budget for more sales just to justify your expenses.

Realise that you cannot spend your income at the same rate or time you earn it, the peaks must look after the troughs.