A budget should include a production goal, expected market price, management activities that include inputs and costs, estimated net return and breakeven price for the goal of production. When you start a business, your business plan will need to contain several budget estimates. You should calculate the funds that you need for start-up costs and operating expenses. You also need budgets that estimate how much income you expect your business to generate. If you plan to apply for a loan or to approach angel investors, you must create budgets that support your funding requests.
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