Budget Development Given all of the information you have gained in this and other courses, develop a budget for a restaurant business establishment. Develop a monthly budget for one financial year (12 months) by using a sales forecast and variable and fixed costs based on your business concept. Using industry averages, develop a one-year total budget based on the monthly budgets created. Save the budget sheet as an Excel file Discuss the following aspects that you analyzed or experienced while creating this budget: What was the most challenging aspect? What do you see as the biggest financial benefit to your organization
Budget Development
Budget Development Given all of the information you have gained in this and other courses, develop a budget for a restaurant business establishment. Develop a monthly budget for one financial year (12 months) by using a sales forecast and variable and fixed costs based on your business concept. Using industry averages, develop a one-year total budget based on the monthly budgets created. Save the budget sheet as an Excel file Discuss the following aspects that you analyzed or experienced while creating this budget: What was the most challenging aspect? What do you see as the biggest financial benefit to your organization
