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The information on this site cannot be relied on as accurate and up to date. We strongly advise you seek the advice of accounting and tax professionals before making any accounting related decisions.

Visit SM Accounting Ltd

This site contains free bookkeeping and accounting courses and is ideal for anyone looking to learn finance, bookkeeping or accounting. This site contains information on double-entry bookkeeping, basic accounting, credit control, business planning, etc. 

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Business Planning 101 - Expenses Forecast

August 27, 2015

Business Planning - Expenses Forecast

 

Let's carry on the Bookkeeping Master's Business Planning Series. In the next set of videos the Bookkeeping Master will show you have to create an expenses forecast using Microsoft Excel. Unlike the sales forecast, we don't have too guess as much when it comes to expenses. Through research you should be able to estimate your business expenses. These expenses should cover everything from rent, rates, wages, stationary, computer costs and other expenses. They should also correlate with the sales forecast, for some businesses, expenses will rise as sales increase.

 

If you haven't already, please read and watch Business Planning 101 - Sales Forecast.

 

 

 

 

 

 

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