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Business book. The ultimate
resource. Drawing up a
budget. Serves as a
key tool. Encourages,
allocate funds, planning effectively, communicates, forces managers to think. Provide
criteria to compare. 1. Identify the organizations key plans and
objectives. 2. Determine the key or limiting factors. 3. What is coming in. 4. What is going out. 5. Think through your fixed and variable
costs. 6. Decide how to draw up the budget. 7.Gather
information. 8. Ask basic but important questions. 9. Draw up the budget. 10. Build in budget control parameters. 11. Present the budget. Be realistic,
be aware, develop budget headings, gather complete information. Allow enough
time. Listen to the stakeholders,
checked last year's budget. End of data. |
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