http://www.youngentrepreneur.com/blog/entrepreneur-university/how-to-create-a-budget-entrepreneur-university/ A website dedicated to reporting about young entrepreneurs and startups. Find inspiring stories about the next generation of entrepreneurs, as well as tips for how to start up, improve and grow. Thu, 24 May 2012 10:36:34 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://www.youngentrepreneur.com/blog/entrepreneur-university/how-to-create-a-budget-entrepreneur-university/#comment-4656 Willis Laprade Wed, 09 Dec 2009 22:07:44 +0000 http://www.youngentrepreneur.com/blog/2008/05/12/how-to-create-a-budget-entrepreneur-university/#comment-4656 An motivating expose and we should remember that budgeting is a basic element of business planning, enabling work to be planned effectively and resources to be better allocated. It is necessary for monitoring success or failure, controlling costs, and planning for expenses and paycheck during the monetary year. An motivating expose and we should remember that budgeting is a basic element of business planning, enabling work to be planned effectively and resources to be better allocated. It is necessary for monitoring success or failure, controlling costs, and planning for expenses and paycheck during the monetary year.

]]> http://www.youngentrepreneur.com/blog/entrepreneur-university/how-to-create-a-budget-entrepreneur-university/#comment-1760 Small Business Computer Consulting Blog Thu, 15 May 2008 21:40:52 +0000 http://www.youngentrepreneur.com/blog/2008/05/12/how-to-create-a-budget-entrepreneur-university/#comment-1760 Budgets are obviously really important to any business plan. I think one of the biggest mistakes people make is not writing down their budget – or a formal business plan – in the early stages of their businesses. Not writing your budget and business plan down on paper can cause many different problems, including over-confidence in being able to achieve your business goals (because you are not continuously looking at the big picture) and the opposite, under-confidence in your ability to build your business because you have an unreasonable notion of what it’s going to take financially. This information is really helpful, since a lot of the problem with creating a budget is being overwhelmed and not knowing where to start or what to track. Budgets are obviously really important to any business plan. I think one of the biggest mistakes people make is not writing down their budget – or a formal business plan – in the early stages of their businesses. Not writing your budget and business plan down on paper can cause many different problems, including over-confidence in being able to achieve your business goals (because you are not continuously looking at the big picture) and the opposite, under-confidence in your ability to build your business because you have an unreasonable notion of what it’s going to take financially. This information is really helpful, since a lot of the problem with creating a budget is being overwhelmed and not knowing where to start or what to track.

]]> http://www.youngentrepreneur.com/blog/entrepreneur-university/how-to-create-a-budget-entrepreneur-university/#comment-1759 Will - ArenaFlowers.com Mon, 12 May 2008 12:51:56 +0000 http://www.youngentrepreneur.com/blog/2008/05/12/how-to-create-a-budget-entrepreneur-university/#comment-1759 I tend to say...do the budget then, whatever your funding requirement is, double it as people never raise enough money and then get in trouble as a result later! I tend to say…do the budget then, whatever your funding requirement is, double it as people never raise enough money and then get in trouble as a result later!

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