It’s January, do you know where your budget is?

David — Thu, 01 Feb 2007 01:59:00 +0000

If your business has not yet created a budget for 2007, it is still worth taking the time to do so. Having a budget gives a comparison basis for each month’s actual results, to see where you are ahead and behind pace. To make your budget a more useful management report, try to group p&l lines as follows: 1) cost of revenues, 2) sales and marketing, 3) general & administrative, with sub-totals for each section.

Rudofsky Associates » budget

It’s January, do you know where your budget is?