operating budget worksheet summary.docx

operating budget worksheet summary.docx - 1 Operating...

Info icon This preview shows pages 1–3. Sign up to view the full content.

1 Operating Budget Worksheet Summary Tammy Sylvia HSC/405 August 28, 2017 Regina Robinson
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

2 Operating Budget Worksheet Summary How does the process of creating an operating budget occur and what is the importance of such a budget? According to smallbusinees.chron.com, an operating budget is to help owners and the managers of the business track where their money is going, how it is being spent and what they could be using it for in the future. Why it is important is because it can be a useful tool for future use by setting it up to be used in that manner. How we create a budget is by bringing together any old reports and looking at them for informational purposes, make a list of all the bills that need to be paid, always be prepared for the unexpected expenses, review the past history of what the sales were so the company can get an idea what an average is at any given time of the year, create a financial projection for the coming year so you can see where the
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.
  • Fall '16

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern