Page 213 - Budgeting for Managers

Index
196
reviewing with others, 17,
Assumptions. See Budgetary
108–109
assumptions
revising, 107–109
Audiences for budgets, 2–5,
112–114
verifying, 100–101
Authority over budget, 130–133 Budget authority levels, 130–133
Authority over payroll, 153–155 Budget document formats,
Authorizations, 123–128 109–110, 188–189
Automatic cross-checking, 96–97 Budgeting
B allowing time for, 188–189
basic purposes, 1–5
Balance sheets, 148, 149
Balancing accounts, 35, 142 basic steps, 7–17
Bean counting, 13 customer proposals, 178–182,
183
Beginning-of-year spending
issues, 129, 133–134 importance to new businesses,
Benchmarks, 169–170 168
Benefits changes, 166 starting points for, 5–7
Benefits services, 173 time periods for, 20–22
Bicycle sales and repairs, 31 vision and, 23–29
Bids, budgets for, 178–182, 183 Budgets
Blackout periods, 129, 133 combining parts, 104–107
Blame game, 188 defined, 2
Block budgets negotiating, 123–126, 184–186
across-the-board cuts and, 57 obtaining authorization,
authority for, 131 123–126
defined, 3 setting up with accounting
managing, 145 department, 128–133
for salaries, 157 success tips, 18
Body shops time periods for, 20–22
defined, 153, 154 timing preparations, 188–189
options for using, 155–156 tracking (see Tracking)
Bonuses, 163, 164 Bullet points, 118
Book inventory, 63, 64 Business focus, for presentations,
Bookkeeping for small business- 112, 115
es, 174–175 Business income, forecasting,
Book value, 64, 148 170–172
Bosses. See Managers Business plans, 168–170
Bottlenecks, 171–172 Business Plans That Win $$$, 170
Brainstorming items, 113
Budgetary assumptions C
adding to budget documents, Capacity decisions, 61–62
14–16 Carnegie, Andrew, 87
past, 44 Cash basis accounting, 36, 140