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Funding a business
IMPORTANCE OF BUDGETING
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[QUOTE="Augusta, post: 229150, member: 25283"] Budgeting is very good tool to adopt whether as an individual or a business owner because it will save you from unnecessary spending. one thing about spending money is that you can never recover from what you have spent, it is gone and you would he left with nothing. So if you an individual you need to have a budget of money you are willing to spend for a month, daily or weekly and you shouldn't go beyond that because it will hurt your account. To achieve this you should first list your needs in order of importance. Then do a scale of preference and go mostly for the ones that are most important for you. Even as a business owner you need to budget for your business and work with it. employ numbers of people you can pay and let your liabilities be what you can handled and then you stop at that. [/QUOTE]
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IMPORTANCE OF BUDGETING
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