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
26.0
what does the process of budgeting encompass? what does the process of budgeting encompass?
budgeting that's rational
marketing budgeting
BUDGETING AND MARKETING OF WATER
what are the objective of capital budgeting
objectives of capital budgeting
Meaning of Capital Budgeting
1) What is capital budgeting? What are its objectives?
Nhlanhla Yende
Traditional budgeting is less precise because money that is left over is not accounted for. Zero based budgeting accounts for every single dollar, hence it is more accurate.
the role of the internal and external role players in budgeting