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Importance of revenue budgeting to a business organisation.
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[QUOTE="CALVINDOL, post: 269064, member: 43757"] Every business organisation whether large or small totally knows how important is revenues is to the existence of the business organisation , bad and inaccurate use of business revenue totally leads to negative repercussions and consequences incurred to the business organisation . Revenue management is indeed one of the best category of management every business owner must endeavour to use in his or her business and one of the best way to successfully manage your revenue in order to use it sufficiently and adequately to finance your business is by engaging in the commercial activity of budgeting . We may know what a budget is , and also we may possibly know how to prepare a budget but yet it is absolutely also very necessary and important that we endeavour to stick to our budget . Personal individuals are not the only one advised to prepare budgets in order to efficiently manage their money, businesses on the other hand can also adopt the commercial activity of budgeting in order to efficiently and adequately use their revenue to facilitate and financially enhance their business in the best possible ways . [/QUOTE]
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Importance of revenue budgeting to a business organisation.
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