Importance of a Budget
Drafting a budget is an Ah-Hah moment for many clients. Understanding projected sales, expenses and potential profit allows you to steer your own ship. Taking the time to assemble this, similar to any yoga pose, brings stability to your business.
A budget helps you understand this simple math equation:
Sales – Total Expenses = Profit
Below are some questions to ask yourself when creating a budget.
- Program Price
- Number of Students
- Governing Bodies
- Design & Development
- Books, supporting materials & manuals