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Discussion post # 1 . . . I don't have a lot of experience with budgeting, but what i have been doing for the last
Discussion post #I don't have a lot of experience with budgeting, but what i have been doing for the last past months is budget per paycheck. I do take it one step further because my paychecks can be different every time. I use the paychecks I receive for one month and use that money for the following month... so I am month ahead. Budgeting is very visual for me and if I use the money I make currently for next months bills, I can plan much better knowing EXACTLY how much I have to work with instead of waiting till I get paid. It's been working great for me How would you go develop and implement budgets? I would start by understanding the goals and objectives of my business. Also, i would Collect my bank statements, pay stubs, and receipts for the past few months. This will give a good idea of my income and expenses. Discussion post #How will you start to budget for the upcoming year? In my first act as the Plant's newly appointed general manager I would thoroughly examine all aspects of the plant's financial status, including revenue costs and possible areas for development After that, I would set definite financial targets for the following year and make sure they were in line with the organization's overarching aims. What aspects of the business are important to you? The aspects of the business are important to is meeting customer needs, providing highquality products and services, and building strong customer relationships. Answer this question ONLYGive a summary of what you learned from these discussion post's
Discussion post #I don't have a lot of experience with budgeting, but what i have been doing for the last past months is budget per paycheck. I do take it one step further because my paychecks can be different every time. I use the paychecks I receive for one month and use that money for the following month... so I am month ahead. Budgeting is very visual for me and if I use the money I make currently for next months bills, I can plan much better knowing EXACTLY how much I have to work with instead of waiting till I get paid. It's been working great for me
How would you go develop and implement budgets? I would start by understanding the goals and objectives of my business. Also, i would Collect my bank statements, pay stubs, and receipts for the past few months. This will give a good idea of my income and expenses. Discussion post #How will you start to budget for the upcoming year?
In my first act as the Plant's newly appointed general manager I would thoroughly examine all aspects of the plant's financial status, including revenue costs and possible areas for development After that, I would set definite financial targets for the following year and make sure they were in line with the organization's overarching aims.
What aspects of the business are important to you?
The aspects of the business are important to is meeting customer needs, providing highquality products and services, and building strong customer relationships. Answer this question ONLYGive a summary of what you learned from these discussion post's
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