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…
3 Budget Mistakes to Avoid as a Business
