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Funding a business
How to build budget for a business?
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[QUOTE="Yusra3, post: 336125, member: 31907"] Creating a budget for the business involves the summation of all revenue projections as well as the expected expenditures that include paying salaries, inventory, equipment, facilities, insurance, marketing and many other costs required to establish, operate and expand the company. Historical profiles and industry markers should be used to project the credible values. Allow for wiggle room if there arises unforeseen expenses. In a course of time, optimization and scaling can be achieved by regular budget update of budgets quarterly along with careful tracking of spending against the set of projections. [/QUOTE]
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How to build budget for a business?
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