Budget for business or organization

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 ›

Understanding the cost of capital

Cost of capital is the cost of the funds used to finance a business. The cost of capital would depends on the method of financing used relative to the company financial standing. Most companies use a combination of debt (such as… Read More ›

What are capital assets?

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 ›