Posts Tagged“budget”

Creating a budget is one of the most important steps a business can take to ensure its financial health. But even the best-laid plans can go awry if you’re not careful. An inaccurate budget can lose you money instead of saving it.  Here are three mistakes to avoid when creating your business budget. Not Budgeting for Maintenance  Every business has costs associated with keeping things running smoothly. Whether it’s maintaining inventory levels, repairing a commercial chiller, or replacing worn-out tools, these expenses can add up quickly.  Neglecting to add this to your budget can put a serious strain on your…

One thing that I have learned very quickly as a homeowner is that the property seems to completely suck me dry of all of my money. Unlike when I was renting, there are so many costs involved with the maintenance of a property, and it seems never ending. Because of the outlet which I spent on my home, I decided not to decorate for the first year, so as to save up some cash. When I finally did decide to decorate the home, it was amazing just how quickly the costs were spiraling when I priced everything up. I always…