Cristina Lourent. Worksheet Templates. March 06th , 2018.
Establishing a budget for your business is important, whether you are in the start-up phase or you are currently running your company. The biggest reason that businesses fail is that they run out of money. This can mean that they do not have enough revenue coming in, but it can also mean that they are overspending.
Extra Smart Partners has received an RFP from the City of Metropolis to kick off a new bridge over the Eastern River. The ESP engineers and project managers have estimated the necessary materials and manpower to build the bridge. Now its Daves job to estimate the profitability of the project so ESP can submit its proposal to Metropolis.
Having and using a budget worksheet can take you past the stage of wishing about having more money and actually making real progress towards your goals. Start today and guaranteed within a short time, you will be setting your path to success and feeling great about having met your goals.
Setting up a budget can be as simple as drawing out a budget worksheet with columns allocated to start-up costs (if you are launching a business) and monthly operating expenses. Depending on your type of business, expenses include items like business equipment, office supplies, inventory, shipping costs, furniture, licenses and permits, leases, utility costs, insurance, legal and accounting fees, salaries, travel and transportation costs, entertainment, benefits and advertising and marketing costs.
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