Page 216 - Budgeting for Managers

Index
199
Formatting
budget documents, 109–110,
148, 150
Income forecasts. See also
188–189
budget presentations, 117–121
Estimates; Predictions
meeting agendas, 113 Income and expense statements,
estimation methods, 56–58
Formulas, copying, 95, 99–100 overview, 29–32
Friends as investors, 176 for small businesses, 170–172
Funding sources for budgets, 3–4 Indirect labor costs, 68
Information gathering stage, 7–9
G Information items, 113
Gap analyses, 127 Initial public offerings (IPOs), 176
General ledger, 35, 36 Initial situation, for projects, 74,
Getting to Yes, 124 75, 79
Goals for projects, 74, 75, 79 In-progress inventory, 66
Gross salary, 162 Interim costs, 26, 27
Gross sales, 151 Internal Revenue Service, 173
Grouping tasks in work plans, 87
Inventory management, 63–65
H J
Hardball negotiations, 125 Jobs, defining, 158–159
Help, asking for, 43, 87 Justification for projects, 74
Hidden columns, 111
Justifying budgets, 124
Hill, Napoleon, 87
Just-in-time inventory manage-
Holiday pay, 161
ment, 64, 66
Honest business approach, 178
Honesty in tracking expenses, 11 L
Human resources departments, 5, Labor costs, 67–68
165–166 Last-in, first-out inventory man-
Human resources (HR), defined, agement, 64
154 Leaves of absence, 161
Human resources management, Level of authority, 130–133
154, 155–156 Level of detail, 114–115
Human resources services, Liabilities, 148
154–157, 173–174 Limiting factors, 171–172
Line-item budgets
I across-the-board cuts in, 57
Imposed, definition of, 75 authority for, 130
Incentives defined, 3
effective, 157, 158, 159–160
line-by-line examination, 9, 52
in small businesses, 173 managing, 146
taxation of, 163, 164 for proposals, 181
Income, defined, 151 requesting adjustments with,
Income accounts, 35 147