Running a profitable business is not an easy task, as evidenced by the high failure rate of new businesses. According to the Bureau of Labor Statistics,
An important factor in building and maintaining a profitable business is using an accurate budget. A budget carries a lot of weight, so as an accountant, building one might seem daunting. This indispensable duty does not have to be intimidating, however, as long as you know where to start and if you approach it the right way.