Published on 07/01/2018 6:49 pm
A fantastic perk of generating a spending budget is

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Despite the fact that some of these items may come up unexpectedly, like the purchase of the laptop to replace the one that crashed, many others can be budgeted for months in advance, like that internet business retreat you’ve been eyeing, to protect your business enterprise from financial burden.

Phase 5: Pull It All Together
The 1st four steps of this post detail the elements of a decent business spending budget, so the last phase is simply pulling it all together. Get action by making use of this handy checklist with specific examples so you can produce your budget without any hassle:

Earnings SOURCES:
Hourly Earnings
Product Revenue
Investment Income
Loans
Savings
Other
FIXED COSTS:
Rent/Mortgage
Utilities
Salaries
Internet
Government and bank fees
Cell phone
Website hosting
Accounting Services
Legal Services
Insurance
VARIABLE Costs:
Raw Materials
Contractor Wages
Commissions
Advertising
Other Marketing Costs
Transportation
Travel & events
Printing Services
ONE-TIME SPENDS:
Computer
Furniture
Software
Office Supplies
Gifts

Building a monthly company budget may seem like a hassle, but I bet it’s something you’ve been thinking about for a long time. Consider the leap! It is an essential infrastructure project that gives you the ability to make conscientious financial decisions so your home business can stay on track and expand.

What else stands in your way of the balanced company spending budget? Are there any hurdles we’ve missed that currently have you paralyzed in the process? If so, comment below with your questions, challenges or concerns.

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