Financially Simple

In episode 364 of Financially Simple, Justin provides a quick guide to creating a budget for your business. According to Small Business Genius, half of all small businesses don't have an official, written operating budget to record their expenses. Many times those business owners who begin maintaining a budget, start to see more profit because their business account is no longer a blank check for spending. In this episode, Justin goes over a four-step plan for creating and maintaining a budget for your small business.  Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 00:43 - Four Easy Steps to Creating a Small Business Budget 03:15 - Some Facts 06:08 - Have Separate Accounting  Software 06:57 - Profit and Loss 09:12 - Adjust the Historical to Reflect the Future 11:32 - Program the Budgeting Tool 12:09 - Summary 13:53 - Wrap Up   USEFUL LINKS: Work with Our Team Subscribe to the Financially Simple Newsletter Intuit Quickbooks