Why Is Budgeting Important for the Entrepreneur? – Newsletter

Why Is Budgeting Important for the Entrepreneur?

Hey there,

I’ve had many to inquire of why budgeting is so important for the entrepreneur? I’ve especially seen these inquiries from solopreneurs or small business es of one or two people. Let me just say first that having a budget is one of the key components to a successful business no matter the size. How do you know where you’re going, if you don’t have a plan for getting there? How do you know how well your business is progressing or not, if you don’t have something to measure your performance against?

 

Here’s the link to the article: Why Is Budgeting Important for the Entrepreneur?

 

Yours in enhancing your profitability and growth

J. Taiwo Popoola

 

P.S. I’d love to know what you think about this article so be sure to post your comments on my blog at the end of the article!

 

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