Here is a worksheet you can use to set up a basic business budget. Depending on your particular type of business, you may have to include different types of income or expenses but this worksheet should give you the general idea of the types of items you should include in your business budget. Print it out for your convenience! Then scroll down to the bottom and tell us your most difficult business budgeting problem during the recession.
Basic Business Budget Worksheet
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| CATEGORY | BUDGET AMOUNT | ACTUAL AMOUNT | DIFFERENCE |
| Sales Revenue | |||
| Interest Income | |||
| Investment Income | |||
| Other Income | |||
| TOTAL INCOME | |||
| EXPENSES | |||
| Accounting Services | |||
| Advertising | |||
| Bank Service Charges | |||
| Credit Card Fees | |||
| Delivery Charges | |||
| Deposits for Utilities | |||
| Estimated Taxes | |||
| Health Insurance | |||
| Hiring Costs | |||
| Installation/Repair of Equipment | |||
| Interest on Debt | |||
| Inventory Purchases | |||
| Legal Expenses | |||
| Licenses/Permits | |||
| Loan Payments | |||
| Office Supplies | |||
| Payroll | |||
| Payroll Taxes | |||
| Printing | |||
| Professional Fees | |||
| Rent/Lease Payments | |||
| Retirement Contributions | |||
| Subscriptions and Dues | |||
| Utilities and Telephone | |||
| Vehicle Expenses | |||
| Other | |||
| Other | |||
| TOTAL EXPENSES | |||
| TOTAL INCOME MINUS TOTAL EXPENSES | |||