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budgeting in business articles

Advantages of implementing a budget for arts and creatives

Advantages of implementing a budget for arts and creatives

  We believe that your business budget is one of your most valuable allies. It might sound surprising, but the process of budgeting should not be daunting or intimidating. In this episode of "I Hate Numbers," we'll explore the advantages of implementing a budget...

Why budgeting is good for business

Why budgeting is good for business

Introduction to Budgeting and Its Advantages Successful businesses know that budgeting is good for business. Budgeting allows a company to plan ahead for the future and allocate resources accordingly. It is a valuable tool for managing cash flow, identifying areas of...

How planning reduces anxiety and boosts profitability

How planning reduces anxiety and boosts profitability

      In this episode of the I Hate Numbers podcast, we explore how planning can transform your business's future. Discover how planning reduces anxiety, empowers decision-making, and boosts profitability. Why Business Owners Overlook Planning Many...

8 reasons for using budgeting in your business

8 reasons for using budgeting in your business

      Are you running a small business, social enterprise or arts organisation but aren’t sure if budgeting really matters? Well, it absolutely does! In this weeks I Hate Numbers podcast I discuss the importance of budgeting and show you why it should...

How to deal with a cost of business of crisis

How to deal with a cost of business of crisis

    If you're a business owner, then you know that the cost of doing business is always on your mind. But what do you do when that cost suddenly skyrockets? Whether it's an increase in rent, wages, or material costs, a sudden spike can be disastrous for your...

How to judge your financial performance

How to judge your financial performance

Knowing how to judge your financial performance can be tricky. Many factors come into play, and it's not always easy to know where you stand. In the words of Dietrich Bonhoeffer, “Action springs not from thought, but from a readiness for responsibility.” However, by...

How to Write a Financial Plan

How to Write a Financial Plan

How to Write a Financial Plan for Your Business is this weeks topic.  Are you a business owner who is looking to create a Financial Plan for your company? If so, you're in luck! In this video I will be teaching you how to write a business financial plan that is both...

Business Budgeting

Business Budgeting

Business budgeting for success needs the solid foundations of sound financial management built into its overall strategy.  For that reason finances should underpin every aspect of its work.  Plan and cost your activities, so your resources are properly considered. “Failing to plan is planning to fail,” Benjamin Franklin Likewise Franklin’s words apply to budgeting.  Hence budgeting is […]

Keep Business Cash Flowing

Keep Business Cash Flowing

Keep business cash flowing Firstly keeping business cash flowing is the most important financial commodity that keeps the business wheels rolling.  Secondly cash is the life-blood of any business and is vital for survival, sustainability, investment and growth.  As a result cash is needed for a whole variety of things, from paying staff, suppliers and […]

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