Setting your sales budget for your annual budget

One of the most time consuming and important parts of the budget will be the sales budget. The sales budget sets a target for the coming year for the sales people and it will help determine the expenditure and cash flow in the budget. With a start up business you will need to look at […]

What is a budget and do I need one?

Most businesses dread the time when people start to mention the words “annual budget”. It means having to think about the next financial year when you have not even completed the one you are currently working in. Annual budgets are usually started three to four months prior to the year end and can take quite […]