The budget of the organization is an essential tool for a successful business development. The final aim of the budget of the organization is to reach long-term goals.
The model of revenue growth forecast is used to form a budget. The revenue size, the profitability and the liquidity are the strategic goals.
For a short-term planning is it necessary to determine the values of target indicators for each reporting period. There are various methods of approving the target indicators of the organization activity. For example, when planning the gain for a long term, we can base on sales growth during last periods or the plans to increase productivity.
© Gromova J.E., 2011
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