How To Prepare a Budget for a Service Business: A Step by Step Guide to Budgeting in a Small Business (Small Business Management) [NOOK Book]

Overview

Budgeting is a tool for dealing with the future. It helps you turn expectations into reality.
An increase in profit should be the first consideration when you think about the prospect for your business in the next year. Working up a budget helps you to determine whether or not your profit goal is within reach.

When the figures are all together, you have answers to questions such as: What sales will be needed to achieve the desired profit? What ...

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How To Prepare a Budget for a Service Business: A Step by Step Guide to Budgeting in a Small Business (Small Business Management)

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Overview

Budgeting is a tool for dealing with the future. It helps you turn expectations into reality.
An increase in profit should be the first consideration when you think about the prospect for your business in the next year. Working up a budget helps you to determine whether or not your profit goal is within reach.

When the figures are all together, you have answers to questions such as: What sales will be needed to achieve the desired profit? What fixed expenses will be necessary to support these sales? What variable expense will be incurred in producing the services?

You Also Get the Following Tools as Special Free Bonuses (download links are provided within the book):
1. Excel Financial Projections Creator - simply type in your business' details and assumptions and it will automatically produce a comprehensive set of financial projections for your specific business, including: Start-Up Expenses, Projected Balance Sheet, Projected Cash Flow Statement, Financial Ratios Analysis, Projected Profit and Loss Statement, Break Even Analysis, and more.
2. Detailed guide that will walk you step by step and show you exactly how to effectively use the above Excel Financial Projections Creator.
3. How to Improve Your Leadership and Management Skills (eBook) - Discover powerful strategies to motivate and inspire your people to bring out the best in them. Be the boss people want to give 200 percent for.
4. Small Business Management: Essential Ingredients for Success (eBook) - Learn effective business management tricks, secrets and shortcuts to make your business a success.
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My name is Meir Liraz and I'm the author of this book. According to Dun & Bradstreet, 90% of all business failures analyzed can be traced to poor management. This is backed up by my own experience. In my 31 years as a business coach and consultant to businesses, I've seen practically dozens of business owners fail and go under -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work. And that is where this book can help, it will teach you how to avoid the common traps and mistakes and do everything right the first time.
Table of Contents:
1. Introduction
2. Why Budget
3. A Plan For Increased Profit
4. Can You Reach The Goal
5. Budgeting Example
6. Where Can She Go?
7. Periodic Feedback And Control

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Product Details

  • BN ID: 2940046309485
  • Publisher: Liraz Publishing
  • Publication date: 7/30/2014
  • Series: Small Business Management
  • Sold by: Draft2Digital
  • Format: eBook
  • File size: 400 KB

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