Why is a budget important?
Without a budget, your clients' can't:
- Properly price their job, product or service
- Compare their plan to actual progress
- Make timely monthly corrections
- Properly manage their expenses
- Control profit fade
- Determine their monthly and yearly cash needs
Without a budget, your clients' won't:
- Know their "walk-away" price
- Know when they can mark up a job, product or service and get it
- Know when they should mark down a job, product or service
- Have a goal standard from which to manage