Monitoring your expenses is an essential element of financial oversight for any business owner. Knowing what money is going out the business and what costs you incur to operate is just as important as identifying how your business will generate revenue and bring money into the business. Businesses incur both fixed and variable expenses and […]
Budgeting is a very important activity you should be doing to help drive the financial sustainability of your business. Forecasting your finances is not a “one-and-done” exercise, but something you should be doing ongoing with a regular and recurring cadence. The goal of budgeting is not to be 100% accurate in your projections, but to […]