In my opinion, and I can back it up if needed, having a budget is crucial for business success. It helps greatly in managing the capital invested and see where is goes. Besides, you can work on increasing the profits and using your money more efficiently. All these goals
Budgeting, as well as any kind of planning, is usually good for a business, but it has certain limitations and can lead to potential problems. I’m still pro-budget, but for those of you who want to know more, here’s a short guide to the slightly negative side.