Standard financial management for MSMEs (3)

We are in the third edition of the discussions in this series on financial management for small businesses. Last week we focused on the issue of setting up a business bank account. Today we advance to creating and maintaining a business budget.

Social Media Week: How social media drives today’s businesses

Business Budget

For the purposes of delineating the scope of what a business budget should be for a small business, just see it as proposed financial requirement in terms of cost of production and sales or cost of services delivery within a definite period, matched with forecast income and expectations for the same period.

Continue reading Standard financial management for MSMEs (3) at Vanguard News Nigeria.



source https://www.vanguardngr.com/2019/02/standard-financial-management-for-msmes-3/
Share To:

Unknown

Post A Comment:

0 comments so far,add yours