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A budget tells us what we can't afford,
but it doesn't keep us from buying it.
The Language of Money
Have you ever heard the saying it costs money to make money? In business, this is a cold, hard fact. When it comes to running a business, you need to make more money than you spend
And if you want to make money, you need to speak money.
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Revenue - The money you get from customers
Cost - The money you spent creating what the customer paid for
Profit - The money left over when you subtract your cost from your revenue.
Tax - The money you owe the government when you do business
Video: Drafting a good budget
A budget is telling your money where to go instead of wondering where it went
Activity: Calculating Profit
Video: Little costs add up
Your Startup Budget
You should now have a better idea of what kind of costs you will face when running your business. It is time to put together a budget so you know how to spend your money wisely.
Business Plan Part 8: Startup Budget
I got 99 problems and money could solve most of them
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