How to Market a Small Business with a Limited Budget – Part 2

Are you starting out in business and thinking that your business is too small to have a budget?  Think again.  Read this article to find out why even a small business needs a budget.  It’s in 2 parts.  Welcome back to part 2.  Gary V’s video also gives some great tips of how to work on a limited budget.  Let me know what you think by leaving a comment below.

Does My Small Business Need a Budget? – Part 2

By: Melody Campbell

The Goal in Budgeting

Remember, the goal of having a budget is to stay in control of your finances in advance. Setting the standard for your spending and revenue and having a tool to compare with actual will give you the control that you need to stay profitable. At the very least it will give you an indication of whether or not your business is actually profitable and not just busy.

Resource

Throw away all your receipts! 

Yes, you can throw them all away after you've scanned them into NeatReceipts. This handy tool is operated by scanning all of your receipts using a portable scanner into your computer or laptop. The software can produce expense reports or you can import the information from the receipts into your accounting software such as Quicken or QuickBooks. Once the receipt has been scanned into your computer you have a digital copy so you can through the receipt away. No more shoe boxes full of receipts! 

http://www.thesmallbusinessguru.com/products/item10.cfm

Author Bio
Melody Campbell is The Small Business Guru. You can view more Small Business Owner Resources at The Small Business Guru website. Educate yourself for Success in the Core Competencies to becoming a Master Small Business Owner. New monthly membership trial for only $1 for the first 30 days! www.thesmallbusinessguru.com

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Source: by Melody Campbell

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