Budget
Budget
Glossary of business
Definition of budget
A budget is a plan which the firm aims to achieve. For example, they may prepare a sales budget. This will have the level of sales of their good or service that they plan to achieve over the coming years. They can then check their progress against the budget and then assess how well they are achieving their plans. Budgets may be used for sales or costs or indeed any other business variable like profit or capital expenditure or staffing.
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Terminology about business
Job world
Definition and meaning of budget
Meaning of budget
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