Page 219 - Budgeting for Managers

Index
202
Rounding errors, 94–95
copying, 188–189
Rush purchases, 133
for final departmental budgets,
S
165–166
Salaries, departmental control,
for multiple-shift operations, 49
157, 159–164. See also Payroll common errors, 93–96
Salary plans, 160–164 Staff. See Employees
Sales cycle time, 30 Staff planning, 157–159
Starting points for budgets, 5–7
Sales projections, 31–32, 171 Start-up costs, 26, 27
Sales tax, 14, 58 Stock offerings, 176
Sales volume decisions, 61–63 Stress, avoiding, 175
Scope of budget presentations,
Subscriptions, 130
114
Supplies
Seasonal businesses
as bottleneck, 172
accounting year for, 21
15-month budgets for, 190 budgeting examples, 11, 42
financial management for, ordering, 149–150
175–178 Supporting documents, 115
outsourcing by, 156 SWOT method, 32
Semi-variable costs, 26, 29 T
Service lines, 32 Task lists, 85–87
Short-term budgets, 21–22, 24 Tasks, 85, 86-88
Short-term liabilities, 148 Taxes
Sick days, 161 budgeting example, 14
Slideshows, 117–118, 120–121 discussing with accountants,
Small businesses 175
business plans, 168–170 payroll, 161–163, 173–174
cash flow management, Tax returns, 43, 45
175–178 Teams
general financial management, as audience for budgets, 2
174–175 incentives for, 157
income forecasts, 170–172 vision for, 23
payroll for, 173–174 Templates, 109–110, 188–189
pricing decisions, 178 Think and Grow Rich, 87
Small items, 13–14 Time off, 161
Social Security withholding, 162 Time periods
Spending periods, 129–130 for budgeting, 20–22, 188–189
Splitting items, 52, 60, 137, 138 converting with past figures,
Spreadsheets 45–50
automatic cross-checking, determining for budgets,
96–97 129–130
benefits, 8 estimating for tasks, 89