cafe

The importance of budgeting

The importance of budgeting
The couple were already close to opening the business. It had been a hard three months getting the café open. Through their accountant they had easily borrowed a large amount and it was just as easily spent outfitting the café. I meet them because they had become eligible for a government grant to assist new businesses. To get this grant they had to show that the business plan and budget indicated they were viable. Surely I thought as they came in this was almost a formality. After all they had an accountant and had borrowed such a lot of money.