The first step is to create a sales budget and in less than five minutes, you can make one with our point-of-sale system. Some people prefer to make these budgets a bit high, so they can make it a challenge. That way, it’s not hard to make a budget, and they look good if it comes in over budget. A common rule used is that the budget figure per month, over a year should give two months way below, two-month way above and the rest about what was expected.
Key Takeaways:
- Some managers prefer to make them a bit low. That way, it’s not hard to make budget, and they look good if it comes in over budget.
- To many get bogged down in day-to-day problems they forget the big picture. To be successful you need to create an information structure, manage, review your business and act.
- It is easy to relate too and gets out of the complexities of seasonally adjusted figures. In my experience, its best to work as well with financial dates.
“Some managers prefer to make them a bit low. That way, it’s not hard to make budget, and they look good if it comes in over budget.”
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