Friday 19 January 2007

Budgeting for Small Business

Just as it is important for your personal finances, when your running a small business it's vital to establish and monitor your business budget. As the old saying goes, "people don't plan to fail - they just fail to plan". lists the four most important actions when monitoring your budget:
1. Set targets
2. Keep accurate books
3. Check how your tracking each month
4. Monitor your cash flow

The Small business blog has lots of other interesting articles and news relevant to small business. Recent post topics include:

* Growing Popularity of Internet Fax
* Extended Deployments Hurting Small Businesses
* Common Branding Mistakes
* Testimonial for Robert Arnal from Citibank
* New Small Business Information Website
* Failure is NOT an Option
* Small Business Tax Help
* The Best Bank For Small Businesses
* Monitoring Your Budget
* Small business managers and owners working 24/7
* Small Business Hiring Up
* Keeping it Legal
* Using Your Workforce Effectively
* Tax Law Changes for Business in 2007
* It’s the little things tucked away

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