managing budget

OK, We Have a Budget. Now what? 6 tips for effectively managing your budget

Much has been written about the value of having a budget to manage the financial affairs of a business. And the premise of all those paragraphs of prose is correct: A budget is the most powerful way to achieve profit goals. However, the assumption seems to be that once you have a budget, your work is done and your staff will inherently know what to do with it. This is because:

• They were born knowing about budgets,
• They learned about budgets in kindergarten, or

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