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I need help in creating a budget proposal focusing on mainly cutting costs. Presenting the budget proposal with three columns. First, the budget proposal would
I need help in creating a budget proposal focusing on mainly cutting costs.
- Presenting the budget proposal with three columns.
- First, the budget proposal would present the current costs and their effect on net income.
- Second, the budget proposal would present the areas of cost savings. Indicating 10% by reducing working overtime, accessing paid leave, delaying hiring new staff, and cutting bonus.
- Finally, showing the variance/cost savings between all relevant line items.
*Providing some explanation and figures with examples/charts
*The ultimate goal of the budget proposal is to quantify the savings the company can achieve by approving the proposed cost savings.
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