public vs business budget strategies
Write a 700- to 1,050-word paper in which you compare public and business budget preparation strategies. Make sure to include:
- Introduction to budget preparation
- Operating and funding sources of public revenue
- Effects of demographics on public revenue services
Include at least two academic sources in your paper, including one from the university library.
Format your paper consistent with APA guidelines.
Answer preview
Budgeting involves planning how a person, business, association, or a country will spend its financial resources over a given period. The success of any business, regardless of being a private or a public entity, depends on financial planning. Mikesell (2014) highlights that budget is the basic foundation of any business, and without a proper financial plan, the business will be running on a flat tire. A successful financial plan follows a given detailed budget strategy, which includes more information on the business revenues and…
(900 words)