Approximately, how many major expense categories does this business’s budget have?
Approximately, how many major “source of revenue” categories does this business’s budget have?
Does your budget have cash flow projections that account for expected seasonality or ups and downs in either revenues or expenditures?
Is that because you don’t expect seasonality or other irregular cash flows, or because it makes your budget too complicated?
Do you consider the expenses in your budget more like flexible spending guidelines or strict spending boundaries?
Do you keep your budget on some type of computer program, such as Quicken or Quick
How often do you typically review the budget and compare your projections to what is actually happening?
At this time, how close are your expenditures or costs running to those you originally projected in your budget? Are they:?
What is the primary reason for variance from your cost projections?
Volume 7, Issue 4, 2007
William J. Dennis, Jr.
NFIB Research Foundation
NFIB's mission is to promote and protect the right of our members to own, operate and grow their businesses.
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