How to best manage your business’ budget to avoid overspending

7 mins

By Panama Harris, June 20,2022

A corporate budget is, put simply, an estimate of the total expenses and revenue of a business over a given period, usually over a calendar year.

🔔 Important: as a business leader, and particularly when one is just starting out, it can be tempting to be overly optimistic in projecting revenue. Better to view these things pragmatically, rather than lowball one’s budget and create tension in the company’s cashflow.

ABOUT THE AUTHOR
Panama Harris
Panama is a Copywriter at Qonto with over 15 years' previous experience working as a freelancer around the world. Her mission is to take the mystery out of entrepreneurship and make it more accessible.
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