We are here in the last month of this year. It’s time to set some important goals that you need to achieve by next year.
India’s Consumer Price Index ( CPI ) growth was measured at 5.0 % YoY in Jun 2018 which when compared to that of May was 4.9 %.
Project budgeting is the process of allocating or assigning a cost for a particular project. This cost includes all expenses need to run the project like new equipment purchase, employee costs, average delay costs, operating cost etc.
Budgeting is the backbone of every start-up. Foresee cash crunch before get sunk in the debt ocean. From simple to complex budgeting do everything with ease. Budgeting can save your business from sinking in debt burden.
Why companies or say start-up companies need a fully fledged budget plan to successfully run their business? But the question is why? What will happen if they just spend money on priority expenses without following any plan?
Budget variance is the difference between the budgeted or planned total amount of revenue or expense and the actual amount of revenue or expense. Budget variance helps a business owner to fix an achievable target amount in a year after evaluating last years budget difference.