why do i need a budget for my business?

Question

a. to track all my expenses
b. to give to my accountant to do my taxes
c. to keep track of revenue (how much i am making)
d. all of the above

Answer 1

d. all of the above

Creating a budget for your business is essential for multiple reasons, including tracking expenses, assisting your accountant with taxes, and monitoring revenue. It helps you understand your financial situation, make informed decisions, and plan for the future.