Zero-based budget I believe is the most productive budgeting method. How does Zero-Based Budget Works? Dave Ramsey, is arguably the most famous champion of the zero-based budget. Simply the most simple, straightforward and actually makes every dollar you earned accountable…. Read More ›
the essentials, financial goals, and personal spending.
Don’t keep this to yourself. Tell the world.
KEY LESSONS WHICH NEED TO BE LEARNED Records your daily transactions, only then you would be able to discover the value leakage Budgeting is a tool for getting more of what we wants, not an exercise in deprivation Work together… Read More ›
A budget is the financial blueprint or action plan for an organization, division, business unit, or department. It translates strategic plans into measurable expenditures and anticipated returns over a period of time. Organizations use different types of budgets for different purposes: An operating… Read More ›
First, we need to understand that Capital budgeting is not the same as a capital budget. Rather, it’s the process of identifying the potential return on a given investment (ROI) in a capital asset to determine whether the investment makes sense… Read More ›
A capital budget shows a group’s or organization’s planned investments in capital assets (the spent budget then known as CAPEX, Capital expense). Organizations generally acquire capital assets to help generate profit or, if they are a nonprofit, to achieve their… Read More ›
Selling, general, and administrative (SG&A) costs are additional costs beyond those cost which directly associated with producing a product or service. SG&A can include costs related to: Research and development Product design Marketing Distribution Customer service Commissions Administrative processes Overhead… Read More ›