Budgeting For The Ultra Small Business
Posted by on Wednesday, June 23rd, 2010 155 Comments Click Here to Comment!
As part of his popular MBA Mondays series, Venture Capitalist, Fred Wilson, writes about budgeting within a small company of less than 10 people.
“The first step in budgeting is to review the key business metrics and lock them down based on what is realistic for the next year. Be very realistic. A good budget is a conservative budget.”
Do you have a specific process you go through when budgeting for the year?
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