operating budget worksheet summary.docx

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