The budget retails india simple. Almost all items can be based on past experience. Only the expected revenue is a quantity that will be advised at best, be good yeah come. From this single insecurity may arise over the year serious consequences. So be careful and make your budget with sufficient care. In the last quarter of the year you create the budget for the coming year. It has the very latest in mid-January of Folgejahresin definitive version be adopted. This includes all items in the income statement are as re-determined based on facts figures for the current year, foreseeable cost trends, investment plans, proposals, etc.

It focuses on the big items. These are detailed and as accurate as possible to charge ahead. These variables are mainly goods sold, personnel expenses, advertising expenses and investments. In addition to the cost of goods, which we devote a separate section, pay attention to personnel expenses. Let us calculate your fiduciary personnel costs for the coming year as accurately as possible. This prevents nasty surprises on the financial statements. At the end of this phase, we have an annual and quarterly budgets. The latter we create based on the known distribution of the respective costs in recent years.