business activity Archives - Entrepreneur Post

Flexible Budget – Explained + Examples

March 16, 2023March 16, 2023 Young Entrepreneur actual activity levels, adaptability, budgeting approach, business activity, changes, competitive, control costs, dynamic, economic fluctuations, expense categories, financial performance, flexible budget, managing finances, optimize profitability, rapidly changing business environment, revenue, revised, seasonal businesses, static budget, variable, variable costs

A flexible budget is a budgeting approach that adjusts based on changes in business activity. Unlike a static budget, which