Budgeting and Business

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I realized I never did this before because I never really treated my design and illustration work as a real business. I never did a budget. I do a personal budget for my final. I realized after reading and listen to so many vlogs about home businesses that this is really important. I did a google search for business budget templates. Microsoft had a free template for business. Here is the link for the one I’m using.
Office Xcel Business Budget Template I edit it as needed. So far I’ve got a clear idea of what I’m going to be spending for the month and a projection for the year.

I never learned this in college. When I got a lot older I read Dave Ramsey and Jim Collins “A Simple Path to Wealth.” Then I learned how to budget for myself. I realized this is really important especially starting a new business. Who knows maybe they teach it now, but not once did anyone mention learning how to use Quickbooks or Microsoft Office. I just learned when I worked as a graphic designer. Then I never really applied it to my freelance work. Now I am. Hopefully this will mean a better start.

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