Page 217 - Budgeting for Managers

Index
200
Line items
New hires, impact on budgets,
editing for current year, 50
166
estimating, 58–61
naming, 60
No-blame attitude, 188
Notes, 10, 107–109
Lines of credit, 175–176 Net sales, 151
Loans for seasonal businesses, Numbering systems, 88
176 O
Logistics, 172 Open book approach, 178
Long-term budgets, 21–22 Organizational plans, 158–159
Long-term consultants, 153
Outsourcing, 155–156, 173–174
Long-term liabilities, 148
Overhead, 68–69
Lotus 1-2-3, 95
Lowest-bid approach, 180, 181 Overpaying employees, 159
Overspending, 144–146
M Overtime pay, 161
Maintenance, skipping, 22, 134 P
Managers Partial payment of bills, 177
as audience for budgets, 2–4 Partnerships
communication barriers with,
with customers, 12
184–185
for proofreading, 16, 92
final budget review by, 17
Manufacturing budget sample, Past income and expenses
budgeting based on, 29–31
61–71 converting data from, 45–50
Marketing plans, 31–32, 171 evaluating accuracy, 50–52
Measurement, for incentives, 157
information sources, 42–45
Microsoft Excel, 95
Milestones, 86 Payroll
defined, 154
Missing information, 11, 44 departmental control, 157,
Mistakes. See Errors 159–164
MIT Enterprise Forum, 170 information from old tax
Months, 47
returns, 45
Multiple periods
comparing data from, 52–53 levels of control, 130–133,
153–155
converting data from, 45–50 for small businesses, 173–174
Multiple shifts, budgeting for, Payroll services, 173–174
48–50
Pay stub information, 162
N Percentage increases and
Negative paychecks, 165 decreases, 57–58
Negotiation principles, 123–126, Personal debt, business debt as,
184–186 177
Net income, 151 Petty cash, 143
Net salary, 162 Phases, 86, 87