How to create a small business budget | Run your business

How to create a small business budget | Run your business

  Learn more about creating a small business budget: (For US-based businesses) https://intuit.me/3jI9yQj (For Canada-based businesses) https://intuit.me/3oEWRqQ   A business budget is an outline of an organization’s revenue, expenses, and profit over time. Every successful business knows how they're spending every dollar in a purposeful way, and a good business budget can help them stay on track, make better spending decisions, and improve your overall business financial health. In this video, Nayo Carter-Gray (1st Step Accounting) introduces you to the essential components of a good business budget and guides you through a step-by-step on how to create and stick to your business budget. 00:00 - Introduction 01:11 - What is a business budget? 01:52 - Benefits of business budgeting 02:19 - How to create a business budget 04:43 - Best practices for business budgeting 05:30 - Business budgeting in QuickBooks   This content is for information purposes only and should not be considered legal, accounting or tax advice, or a substitute for obtaining such advice specific to your business. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. Intuit Inc. does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. Intuit Inc. does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them. Click for the latest updates..