User Account

All Pages

Creating your personal budget

Assignment Help Business Management
Reference no: EM133153508

Creating Your Personal Budget

You will apply what you have learned in this unit to a small business. To get the business's finances under control, you need to prepare a budget. You may consider items from your personal finances and cash flow to help you identify possible expense items for the small business budget. Research the CSU Online Library or the Internet for steps to creating a personal budget.

Monthly expenses might include rent, utility costs, personal loans, car loans, credit cards, groceries, childcare, vehicle maintenance costs and insurance, phone charges, and cable or streaming costs. Cash flow considerations might include monthly salaries, commissions, and allowances.

How can the use of the budget be used in the planning process?

How can this financial information influence short-term and long-term decisions?

Based on your personal budget, what are your static expenses? What are your flexible expenses?

As an accountant, reflect on how you can use what you have learned in this activity in the workplace.

Reference no: EM133153508

Questions Cloud

Techniques used by managerial consultants : Consider the various tools and techniques used by managerial consultants discussed in Chapter 19.
Several of largest corporations : Several of the largest corporations in the world first started as small family-owned businesses.
Product journal-identify specific consumer product : Identify a specific consumer product that you or your family have used for quite some time. Did it change the price, the quality, the experience,
Static or flex budget journal : If you were the accountant at your current (or former) place of employment, would you prefer to use static or flexible budgeting?
Creating your personal budget : How can the use of the budget be used in the planning process? How can this financial information influence short-term and long-term decisions?
Flexible-budget analysis : Why might managers find a flexible-budget analysis more informative than static-budget analysis?
Elements of financial statement : What are total assets for the current and prior period? What are total operating expenses in the current and prior period?
Cash flow planning and profit estimation processes : Identify the key stakeholders in cash flow planning and profit estimation processes in the organization, and explain how they are involved in the processes.
Various aspects of global health : Now you have had some exposure to various aspects of "global health", write a reflection piece exploring your understanding of the concept of global health,

Reviews

Write a Review

Business Management Questions & Answers

  Prepare a final paper to prospective investors

Prepare a final paper to prospective investors based on the work you have done to date in this course. In this course you have identified the major mission, vision, and goals; you know the stakeholders

  Should local cultural affect ethical practices of a company

Should local cultural affect the ethical practices of a global company? Contrast this with moral universalism? Explain how can a global company reconcile local expectations of questionable payments with the Foreign Corrupt Practices Act?

  What is self-sourcing

What is self-sourcing? When is it used? What are the advantages and disadvantages?

  What is the foundation of ecuador''s comparative advantage

What is the foundation of Ecuador's comparative advantage in the production of roses? Most Ecuadorean roses are traded in the United States or Europe

  Information on organizations and teams

Choose an organization that you work for, or one with which you are familiar. Using the information on organizations and teams in Olson's Project Management as a starting point, describe the following for the organization you have chosen:

  Delivery of health care motives

What does the McAllen example demonstrate about the delivery of health care--motives

  Data and for decision support data

Outline the main differences between database requirements for operational data and for decision support data.

  Illustrate what type of research design was used

Then, attitudes toward abortion were measured for respondents in both groups. Illustrate what were the independent also dependent variables in this experiment? Illustrate what type of research design was used?

  Review of the movie through the leadership lens

Critically analyze the story, events, and characters from a leadership perspective. This analysis should draw from the lessons and readings in the course

  Organization with accomplishing goals

You must analyze internal or external factors that could negatively affect or assist the organization with accomplishing their goals.

  Explain what communication-conflict management

Explain what communication/conflict management strategy would be effective to eliminate anger felt by the two directors not chosen?

  Preventing emerging issue

Explain how a team leader's skills can assist in preventing emerging issue? how can control and organize time well?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd