Creating a budget puts your business in a better position to survive slow seasons and prepare for future expenses. It’s also an opportunity to set detailed financial goals.

A lot of seasonal companies depend on the weather. Pumpkin patches and Christmas tree farms are booming in the fall and winter, while golf courses and beachfront ice cream shops t ...

When cash flow is tight, prioritize essential expenses such as loan payments, seed, fertilizer, and labor. Delay or reduce non-essential expenses, such as equipment upgrades or new investments until ...

Management determines a budget based on how efficiently it believes a certain expense will drive results for the business. A business can apply zero-based budgeting to any type of expense ...

Reduction in business rates relief. Chancellor Rachel Reeves also announced a reduction in business rates relief from 75% to 40%, significantly increasing costs for small businesses. Vistage’s survey ...