Finance

3 Factors that Can Harm Budgeting

Budgeting is usually a good idea as it might help you to keep a record of the way you use your money. A budget, which is done well, should be able to help you understand how your money is spent and should also help you make decisions about where and how to cut costs. However, before getting started on a budget, one should also understand how budgeting can harm you. Budgeting can be Bad when…
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Finance

The Power of Forecasting

When you’re running a business at a fast and furious pace like most small business owners do, it’s more likely you’re focusing on decisions that affect today or evaluating ones that were made yesterday. The last thing you want to do is slow down and think about three…