For small businesses,the key budget is the _____ budget.

Question

Quizplus · Accepted Answer

Cash is the key budget for small businesses as it ensures that the company has enough funds to cover day-to-day operations, pay bills, and invest in growth. Without a positive cash flow, a business may struggle to stay afloat even if they are generating sales and profits. Retained earnings are important for long-term financial stability but may not be as relevant for short-term budgeting. Sales and marketing budgets are important but rely on having a cash flow to allocate funds towards these areas.

For Small Businesses,the Key Budget Is the _____ Budget