"I don't have enough money to budget."
For many small business owners, the word "budget" is something for the bigger company - maybe they'll have one when their business "grows up."
What is a Budget?
The simple explanation is a budget is a plan for how you will manage all financial resources and all expenses for your business. The basic equation that you want to demonstrate in a budget is as follows:
(estimated )Sales minus (estimated) Expenses = Profit (or loss)