In "Budgeting Tips for Tough Economic Times" by Rosemary Peavler, writer for bizfinance.about.com, the author notes that small business managers probably like budgeting the least of any of their managerial tasks. That’s because it is far from an exact science, particularly during changing economic conditions. Small businesses may see their actual budgets vary significantly from their planned budgets during difficult economic times. When there is an economic downturn, small businesses need to re-evaluate their budgets and make some changes.
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Source: bizfinance.about.com