The Right Way to Prepare Your Budget

You know it’s important to weigh the costs and benefits before committing resources. So what are the crucial strategies when preparing a budget? How can you use past financial data to inform your assumptions? And how can you ensure your budget will help you meet your strategic goals? This advice, adapted from the book Finance Basics, will help you better understand how to create a useful budget. 

Budgets should be ambitious but realistic. Don’t map out a budget that you...

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