In the broadest sense, a budget is an allocation of money for some purpose. The word once used to mean “pouch” or “purse”; a budget therefor…
In the broadest sense, a budget is an allocation of money for some purpose. The word once used to mean “pouch” or “purse”; a budget therefor…
Related Terms: Annual Report; Audits, External; Balance Sheets; Cash Flow Statements; Income StatementsFinancial statements are written reco…
The advertising budget of a business is typically a subset of the larger sales budget and, within that, the marketing budget. Advertising is…
It’s a basic tenet of business – before you can make money you have to figure out how to spend it. Drafting a budget is a key way to help yo…
Related Terms: Financial statementsA cash flow statement is a financial report that describes the sources of a company’s cash and how that c…