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How do you prepare budgeting?

Updated: 8/20/2019
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Wiki User

11y ago

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You will need (if available ) previous years budgets to analyse trends with over and under performance.

Then you will need to consider the profit margins that will be expected out of the business

You will need the cost of materials, wages, fixed costs etc plus you will need to include consideration of what each department (if there are any) will need to operate this includes things as simple as stationary for running the admin and even maintenance of equipment

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11y ago
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