How To Create A Business Budget: A Step-By-Step Guide
Your startup found a nice niche in the software as a service (SaaS) industry, providing customer relations management or supply chain oversight for consumer websites. So far, so good.
But as the end of the third quarter nears, you notice trouble on the horizon. If your startup doesn't understand how to create a business budget, you could be headed for cash-flow problems, operational deficits, and potential bankruptcy.
Trying to run a start-up without an adequate budget is like trying to hike without a map, trailheads, or a compass. You may get to your destination by sheer luck, but planning ahead will help ensure you don't get lost in the woods.
When you build a budget for your organization, you create a workable plan for your business finances by balancing revenue streams against business expenses so your large or small business budget stays balanced.
Building an organizational budget gives you a 30,000-foot financial view so you don't get lost in the weeds.
Budget Accurately With A Fractional CFO
We’ve said it before and we’ll say it again — when it doubt have an expert do it for you! Zeni’s Fractional CFOs will help you craft a smart, tailored budget for 2025, using real-time insights and strategic planning.
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Additional Resources
Need more guidance on creating your 2025 budget? Check out these helpful articles and even snag a template
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From our last newsletter Zero-Based Budgeting
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