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Frequently Asked Questions
Setting Up a Budget for Small Business
Q. When should I set up a budget and for what time frame?
Q. What issues should be addressed when setting up a budget?
Q. What three functions should a budget perform?
Q. Should I be conservative or liberal with my budgetary approach?
Q. How often should a manager or an owner look and evaluate their budget?
Q. Are there any areas of my business that a budget should ignore?
Q. What does a lending institute look for in an initial projected budget?
Q. Will a lending institute loan my company funds if it looks like we will struggle at the beginning?
Q. Should I ever revise my initial budget?
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