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Submit For Information On Seven Crucial Items Everyone Should Consider When Budgeting.

November 2008
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Archive for November, 2008

Indiana Jones and the Budget Crystal Skull: BFX

indymogul asked:


We are finishing up our two part Indiana Jones special by showing you how to make your very own crystal skull*. You can’t miss this episode! Erik dressed as professor Indy, test film by Waverly Films and much more! *Supernatural powers not included.

Alia Jach

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Obama budget sees soaring deficit

france24english asked:


IN THE FIELD: US President Barack Obama’s proposed budget, unveiled on Thursday, anticipates an economic contraction of 1.2% in 2009, though his projections were more optimistic than those of the Congressional Budget Office.

Adolfo Shofestall

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Top Gear – Build a James Bond car on a budget – BBC

BBCWorldwide asked:


Richard Hammond shows you how to build a James Bond car on a budget in this Top Gear automobile video from BBC Worldwide.

Brendan

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Small Business Budgeting Tips: Perfecting the Plan That Keeps you On-track

budgeting
At the end of every fiscal year companies tallying up their scores to see how they’ve finished. Unlike the game of golf having the highest score is cause for celebration, being in the black you’ve done well and deserve some congratulations. If there isn’t a soirée going on in your business maybe it’s because you didn’t plan for a year-end party, and that could be the direct result of your failure to budget.

To be successful in business, budget cannot be a taboo word in your company. One of the skill sets you as an owner or manager need to possess is the ability to plan ahead, this includes that ability to budget. If you’re a visionary and lack budgeting skills, then stop reading and go find someone who is. So before we discuss budgeting tips, let’s first discuss what a budget is and isn’t.

What a Budget Is:

A budget is a proposed plan to monitor financial activity over a period of time. A budget is a planning tool an owner and/or manager should be using to measure trends over a fixed interval; this includes inflow, outflow, and asset/ liability growth. Finally a budget is a resource to forecast an assumed outcome.

What a Budget is NOT:

A budget is not the law; it is not to be used as a means of accountability and to ensure financial integrity. A budget is not to be used a ceiling to spending, and a method of absolute control. And finally a budget is not a guarantee so financial and business success.

So now that we have defined what a budget is, let us get to how to properly use and understand how a budget actually benefits a company.

The budget should be put together and approved at least 1-2 months prior to the start of the new fiscal year. This will allow for key employees to look at what the company is trying to accomplish and what is being aimed for. So for this to happen planning will need to take place approximately 3-6 months before the start of the new fiscal year, this of course depends on the complexity and size of the company.

The budget should reflect the direction that the company is headed in; this of course is handed down by the CEO and/or Board of Directors. Everything about the budget should point towards the strategic plan the company has adopted. The budget should also be multifaceted, not only should you include a Profit & Loss operating budget, but also a Balance Sheet budget to help track cash inflows and outflows.

Finally the budget should be realistic. An exponential increase in revenues without any foundational proof or purpose can lead to fiscal year failure. Again remember the budget is for mapping out trends in an attempt to forecast growth or decline. All the pieces must fit, in business there is usually a cause for increased revenues (hint: check for the reason in your expenses section!).

To summarize let’s recap the key points:

1. Budget is not taboo

2. Budget is a proposed plan

3. Budget is not the law

4. Approval should allow for time to disseminate throughout the company

5. Reflects the strategic plan and heading of the company

6. The budget should be realistic, for all growth there should be a reason



By: Jayson Cardwell

About the Author:

Jayson Cardwell is the Founder and CEO of Cardwell Financial Group, Inc. a not-for-profit and small/mid-size business consultancy and services company. Cardwell Financial Group, Inc. specializes in helping executive directors, owners, managers, and entrepreneurs realize their dreams of owning and managing prosperous and successful firms. They accomplish this by providing Financial Management, Analysis, Strategic Planning, Business Analysis, Executive Development, and Accounting Services and Consulting. For more information about Cardwell Financial Group, Inc and how they can help you visit them on the web at www.CardwellFinancial.com, or e-mail them at Info@CardwellFinancial.com.



Guy Connet

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What is the difference between the budgeting process and the financial forecasting process?

budgeting
candyjgurl20 asked:


What are the pros and cons of budgeting and forecasting

Dion Rod
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Looking For Budget Website Hosting? Learn Some Tips to Finding ti Fast

budgeting
Website is a necessity for all the people who want to start a business on the internet or for those people who already have established online business but want to open more business sites within an allotted budget. These types of people need budget website hosting which can help them as they have to spend a small amount for launching a new website. There are many website companies available online which provides the facility of cheap web hosting which will help in purchasing the services of the website company without spoiling the budget plan for the business.

Initial Research for Budget Website Hosting

Financially it is a very good idea to host a website on an allotted budget which means that you have to search for a low-cost web hosting company or an affordable web hosting company. For this purpose you have to first decide about the specific requirements for your website and the facilities that you expect from the web hosting company. You can get all the information on the internet about the web hosting companies that offer their services at low or affordable prices or even free of cost.

But before choosing any web hosting company you need to do some initial research about the authenticity of the company and their goodwill in the market. For this you can visit the forums, online areas which provide public opinion and related blog where you will get viewpoints of the people who have availed the services of that company which will give you a clear picture about the actual status of that website company. This way you will be easily able to choose the best website company which provides all the services that it promises and does not have any hidden cost.

Collecting Vital Information for Budget Website Hosting

Other vital information that you should gather about the website company which you have chosen for your budget website hosting is about the total service package that is offered by the low cost web hosting company or the cheap web hosting company whose services you are going to purchase and use their server for launching your website. This information are related to the basic services that must be provided by the web hosting company even when you purchase their services on a limited budget.

The most important thing is the uptime that means the total amount of time your website will be visible to the people who surf the internet and are looking for the sites related to the service or product that is offered by you on your site. Being visible is important as it is necessary to get maximum traffic to your site if you want your business to flourish. Most of the website hosting companies provides 99.9% of uptime and if any company gives less than that the services of that company should not be availed.

You can also verify about the service package of the host company that you have chosen before purchasing their server by opening their home page where you will get all the information about the types of packages that they offer along with the rates for each package which will not only help you to choose the service package according to your requirements but will also be helpful in comparing them with the packages and rates of other web hosting companies. Some of the companies also have the facility of discount web hosting which you should verify as it may fit within your budget.

Verification of Other Facilities

There are many other facilities that are provided with the packages which you should avail so that you do not pay more than the amount that you have allotted in your budget for purchasing the website. There are web hosting companies that offer free set up of the website which is beneficial as you will be saved from paying extra charges for setting up your website. The host company should also provide enough bandwidth for maintaining the proper speed of the network.

This will help your site as people who visit your site will be able to open your site with ease. You should also consider the storage space that is being offered by the company as many companies offer less storage space so that you have to pay extra charges for purchasing the storage space once you are established which will affect your budget.



By: Bill McNulty

About the Author:
Bill writes for HostingRef, a directory of ratings and reviews where you will find budget website hosting. Here you will find hosting related articles such as how to find a web host and other hosting related articles and reviews.



Lucretia Darrup

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Budgeting Research on Lighting Economics: What are the ultimate lighting solutions and state which are best?

budgeting
ttme001 asked:


Budgeting Research on Lighting Economics: Suggest ultimate lighting solutions and state which are the most economical and which are the most effective per application.

Ideas include task lighting, exclusive candle / oil lamp lighting, halogen, incandescent, florescent, kettle lamp, UV lamps, full spectrum, and upward pointed lighting.

Gabriella Forsythe

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Budget Supercars part 1 – Top Gear – BBC autos

TopGear asked:


Part one of four. Jeremy Clarkson, Richard Hammond and James May were challenged to each buy a supercar for less than 10000 pounds and drive them from Bristol to Slough. Watch the hilarious challenges they are given along their journey. Hilarious video from BBC smash hit motoring show, Top Gear. Watch all FOUR parts of this brilliant supercar challenge in high quality the BBC Top Gear YouTube channel, and don’t forget to visit http://www.topgear.com for all the latest news and car reviews! …

Mirta Gianikas

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