CRASH COURSE IN... SETTING THE BUDGET (job)

Here are some of the things you should do:
1. Do not panic.
budget is not rocket science, says Chris Jackson. Basically difficult to know what is the rocket science, but when we see from psychology point of view, we can know that the main poin is we have to use health mind, when we face the problem especially when setting the budget
2. Put strategy first.
The plan flows from the strategy, which is broken down to goals and targets for each bit of the business.
3. Forget last year.
'You need to be continually questioning the shape of the business,
4. Devolve and challenge
If you want people to meet their budget, they need to have ownership. Every manager should ask all those who spend money how much they need, and to justify it. You'll end up with departmental and company budgets that everyone has signed up to.
Another think that we have to consider is (mind set about the budgeting)
Size doesn't matter
Think downside

Keep on checking