Budgets bring business dreams into focus
A financial budget serves as a roadmap for businesses, local business consultants say. And by helping synthesize vision with reality, it can outline what the future may hold and keep business operators on track.
Map, measurement tool or motivator ? regardless of how it?s described ? a budget is a must-have tool for businesses.
Much like a household budget, a business budget details revenues and expenses. It charts where the money will come from and what costs must be measured against that income.
Kelly Peters, director of the Loveland Center for Business Development, frequently works with startup businesses. She…
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