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budget planning Archives - Orcutt & Company CPA

Budgets

Why your Business Needs a Budget and How to Get Started

By Business Advice

Whether you own a business or run a household, budget planning is integral to fiscal well-being. But, why is a budget so important? Targets your Priorities A budget isn’t a secret; it can offer a way of targeting, and then setting, priorities for your business. Typically, these priorities are related to cash-flow, and how you will spend the resources that you currently have. It also demonstrates to all the members of your team what to focus on; for example, if…

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