Key Budgeting Tips for Your Management Team


Most companies with sales under $10 million, and some much larger, don’t use budgets to help them meet profit goals. CEOs and operating owners reason that the effort to learn how to build, and then use, a workable budget is just too much. They seem to feel it’s more frustrating than just hoping the numbers will all work out, if they only sell enough products or services. There is no need to quote business failure rates among companies of this size, nor the steady stream of survey findings that say a lack of good management practices is usually to … Read the rest