Anticipating Rising Costs in Your Budget

Budgeting is an act of guessing—careful, researched guessing, but guessing nonetheless. When you are budgeting for your home business, it is important to look at expenses and revenue as it is now, but we also have to anticipate the areas where costs will go up. In an unstable economy like the one we are experiencing now, anticipating cost increases can be a challenge. There are a couple different ways you can work to anticipate and prepare for where your costs will be a few months or a year from now… If you have a history of budgeting or have been … Continue reading