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BUDGETING YOUR RISK

Budgeting is an accounting practice that combines both cost and revenue management tactics.

All businesses, either startup or established, should have in mind their cost, and calculate the probable financial risks that may arise.

Once the risks are identified and allocated accordingly to the business, and to the products or services offered, the next step is to be able to set up your revenue structure.

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Monday, 16 May, 2016 / 12:48

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : http://blog.argusfx.com/2016/04/04/budgeting-your-risk/

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