Which of these are your favorite excuses to not do a budget?
- Budgeting is boring
- I can keep it in my head
- I hate math
- The income and expenses vary too much
- I monitor the spending
- I don’t have time
How about these reasons to do one?
- It is fun to plan for success
- If it is on paper it is easier to share and discuss
- Excel loves math
- It is the first step in making a cash flow projection
- Your banker wants to see how well you monitor the spending
- Thanks to the early harvest, you have a whole extra month this year
I will show you all the pages in my budget book and how I pull the information from QuickBooks:
- Revenue by channel
- Expenses by month
- Payroll schedule
- Production schedule
- Bottling schedule
- Cash flow projection