As the year draws to a close, it’s time for startups to gear toward planning, budgeting, and forecasting for the following year. Proper planning, budgeting, and forecasting allow business owners to identify uncertainties, take advantage … Read More
How to Review and Optimize Your Business Budget
Most finance experts know a business budget is essential to building a great company. Surprisingly, a survey by Clutch revealed that 61% of startups don’t use a documented budget to manage their finances. Whether you’re … Read More
Budget vs Actual Report: Check Reality and Expectations
A budget vs. actual report is a financial statement that helps founders and management assess financial performance by comparing the company’s actual results with the expectations. However, the report is more than simply a comparison, … Read More