Revenue - All income that a business recieves over a period of time
Expenses - Costs of operating a business
Budget - Provudes detailed plans for the financial needs of individuals, families, and businesses.
Start-up Budget - Plans income and expensed from the beginning of a new business or a major business expansion until it becomes profitable
Operating Budget - Describes the financial plan for ongoing operations of the business for a specific period
Cash Budget - An estimate of the actual money recieved and paid out for a specific period
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