How to create a small business budget | Run your business
Learn more about creating a small business budget:
(For US-based businesses) https://intuit.me/3jI9yQj
(For Canada-based businesses) https://intuit.me/3oEWRqQ
A business budget is an outline of an organization’s revenue, expenses, and profit over time. Every successful business knows how they’re spending every dollar in a purposeful way, and a good business budget can help them stay on track, make better spending decisions, and improve your overall business financial health. In this video, Nayo Carter-Gray (1st Step Accounting) introduces you to the essential components of a good business budget and guides you through a step-by-step on how to create and stick to your business budget.
00:00 – Introduction
01:11 – What is a business budget?
01:52 – Benefits of business budgeting
02:19 – How to create a business budget
04:43 – Best practices for business budgeting
05:30 – Business budgeting in QuickBooks
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