Mark runs a property agency business in Glasgow and the business has been generating good profit. He is planning to expand the business to other major cities in Scotland over the next few years. The new Edinburgh and Aberdeen offices will open in January next year and Mark has appointed two branch managers to take charge of the two new offices. Mark has no experience of producing budgets and wonder whether it would be worthwhile to produce any for his expanding business for the coming year. Explain to Mark the key benefits of budgeting as well as any potential drawbacks. (Maximum word count of Question 4 is 750 words.)