Budgeting and cost control

Forecasting the financial performance of your business is key. Budgeting helps you see weaknesses in your plans and anticipate financial problems.

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Budgeting and cost control - overview

Forecasting sales is an essential part of business planning. It's also vital to keep an eye on costs and make cuts where necessary. Our overview.

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Budgeting

While you can't know exactly what the future holds, budgeting reduces uncertainty and helps you anticipate problems. Here's how to create a budget.

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Controlling costs - checklist

Our helpful checklist will show you the areas to target when you're trying to understand or reduce business costs.

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Cost control

Cutting costs is the simplest way to improve your bottom line - but be careful that quality and morale don't suffer. Read our guide to cost control.

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Drawing up a budget - checklist

A helpful checklist on drawing up your business budget, including what to put in it and who to involve in the process.

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Plan and budget for growth

Growing businesses need to be agile, responsive and have contingency plans for whatever the market throws at them. How to plan for business growth.

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Controlling your costs

While you may not be able to influence how much customers spend, you can do is to control your costs and look at variable and fixed costs.

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Cutting costs: where do I start?

When your business is ticking over nicely, you can keep spending focused on the right areas. Limiting expenditure could keep you in the black.

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Q&A: Sales forecasting

Sales forecasting is key to cash flow control, but it can be difficult for new businesses, because they don't have any past sales figures to go on.