A Budget is a tool used to keep track of spending, generate savings and track the financial performance in an organization. A budget is a planned strategy and financial plan that estimates the revenue and costs of a business and it ensures prudent spending and sustainability. In light of the above, please consider and answer the following questions: What factors, considerations and budgetary items should be taken into account when preparing a zero-based budget in respect of a given financial year, for a law firm. What measures will you put in place to ensure prudent budget spending and a sustainable financial position in your law firm