- By Ron Roberts
- Published Monday 29th 2008
- Management
-
Rating:
Unrated

Before diving into the how-to budget details, let’s make sure you understand the connections between your budget, your business plan, and your market. Segment by segment, forecast total sales and margins. Adjust your budget accordingly. Now, you’ve finalized your budget. Now, you’ve finalized your budget. Each row is an income statement expense. Calculate 12.5% of your budgeted sales and direct expenses and put them in July’s column.