Different types of Businesses Budgets 

Main budget  for the business are :

• Master Budget
• Operating Budget
• Cash Flow Budget
• Financial Budget
• Static Budget

Budgets guide the management for  businesses track so they can manage resources. ,Businesses use the variety of budgets for measuring its spending and develop effective strategies for maximization of assets and revenues.

Let us describe in details:

Master Budget
This budget is  aggregate of business’s individual budgets and it is designed to present the complete picture of financial activity and health of the company. Master budget combines the factors like sales, the operating expenses, the assets, and the  income streams for allowing  companies for establishing  goals and evaluate their overall performance, as well as that of the individual cost centers within the organization.

Cash Flow Budget
This budget show how and when cash comes in and flows out from the  business within a specified time period. It is useful in helping the company for determining whether company is  managing its cash wisely. It  consider factors suchlike accounts payable and accounts receivable to assess whether a company has ample cash on hand to continue operating,  extent to which it is using its cash productively, and likelihood of generating the cash in  near future.

For Example:

The construction company, , might use its cash flow budget to determine whether it can start the  new building project before getting the paid for the work it has in progress.

Operating Budget
An operating budget is a forecast and analysis of projected income and expenses over the course of a specified time period. To create an accurate picture, operating budgets must account for factors such as sales, production, labor costs, materials costs, overhead, manufacturing costs, and administrative expenses. Operating budgets are generally created on a weekly, monthly, or yearly basis. A manager might compare these reports month after month to see if a company is overspending on supplies.

Financial Budget
This  budget presents  the company’s strategy for managing its assets, cash flow, income, and expenses. The  financial budget is used  for establishing the picture of a company’s financial health and present a comprehensive overview of its spending relative to revenues from core operations.

Example:

software company, for instance, may  use its financial budget  for determining the value in the context of the public stock offering or merger.

Static Budget
The  static budget is  a fixed budget which remains unaltered regardless of the changes in factors such like sales volume / revenue.

Example:

Spare parts supply company may  have a static budget in place each year for warehousing and storage, regardless of how much the inventory it moves in/out due to the increased or decreased sales.

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Write a thesis  Statement on a question

Thesis statement

Paper that you write must have  main point, central idea and central message. Argument(s) made in the paper must reflect central idea. Sentence which captures your position on this main idea is what is called as thesis statement.

How long it should be?

The thesis statement should focuses your ideas into one/ two sentences. It should present topic of your paper is should make the comment about your position with relation to your topic. Thesis statement must tell the reader what  paper is about & also help guide your writing and keep your argument focused. 

 

Where is your thesis statement?

One must  provide the thesis early in the essay – in area of introduction, or in the longer essays you can elaborate in  second paragraph — in order to establish your position and give  reader the sense of the direction.

Useful Tips

For writing the successful thesis statement:

• Avoid burying the great thesis statement in  middle of a paragraph or late in a paper.
• You should be clear and specific
• Avoid vague words.
• Indicate a point of paper but avoid sentence structures exampl “The point ofthis paper is…”

Is  thesis statement  specific?

Thesis statement must clear and specific . Normally one can continue to refine  thesis as you revise your argument, so  thesis should evolve and gain definition as you obtain a better sense of where  arguments are taking you.

Useful Tip:

Checking points for thesis:

• Are there 2 large statements connected loosely by the coordinating conjunction (i.e. “and,” “but,” “or,” “for” “nor,” “so,” “yet”)?
• Would a subordinating conjunction help (i.e. “through,” “although,” “because,” “since”) to signal a relationship between the two sentences?
• Or do  two statements imply the fuzzy unfocused thesis?
• If so, settle on 1  single focus &  then proceed with the further development.

Is  thesis statement too general?

Thesis must limited to what could be accomplished in specified number of the pages. Shape your topic in such a way that one  can get straight to  “meat” of it. Being the specific in your paper should be much more successful than writing about the general things which do not say much. Don’t settle for the three pages of just skimming the surface.

Thesis statement is clear?

Thesis statement is no exception to writing: it should be clear . By being the clear thesis statement, one make sure that  reader understands exactly what writer want to say.

Useful Tip:

In order to write the clear i=one should remember:

• Unless you’re writing a technical report, avoid technical language. Always avoid jargon, unless you are confident your audience will be familiar with it.
• Avoid vague words such as “interesting,” “negative,” “exciting,” “unusual,” and “difficult.”
• Avoid abstract words such as “society,” “values,” or “culture.”

These words tell the reader  next to nothing if  writer ha not carefully explain meaning  by them. You should never ever assume that  meaning of a sentence is obvious. Check to see if  it need to define r terms (”socialism,” “conventional,”  “society”), and then decide on most appropriate place to do so. Do not assume.

Avoid misunderstandings, be as specific as possible.

Does your thesis include a comment about your position on the issue at hand?

The thesis statement should do more than merely announce the topic; itshould reveal what position writer will take with relation to the topic, how one plan to analyze/evaluate  subject /issue. In short, instead of merely stating the general fact or resorting to the simplistic pro/con statement, one  must decide what it is you have to say.

Thesis statement is original?

Avoid, avoid, avoid generic arguments and formula statements. They work well to get a rough draft started, but will easily bore a reader. Keep revising until the thesis reflects your real ideas.

Useful Tip:

The point that made in the paper should matter:

• Be prepared to answer “So what?” about your thesis statement.
• Be prepared to explain why the point you are making is worthy of a paper. Why should the reader read it?

Compare following:

• • Original thesis:

• There are advantages and disadvantages to using statistics.

• Revised theses:

• Careful manipulation of data allows a researcher to use statistics to support any claim she desires.
• In order to ensure accurate reporting, journalists must understand the real significance of the statistics they report.
• Because advertisers consciously and unconsciously manipulate data, every consumer should learn how to evaluate statistical claims.

Avoid formula and generic words. Search for concrete subjects and active verbs, revising as many “to be” verbs as possible. A few suggestions below show how specific word choice sharpens and clarifies your meaning.

Use own words in writing thesis statements; avoid quoting. Crafting / original, insightful, and memorable thesis makes the distinct impression on the reader. One could lose credibility as a writer if it becomes only a mouthpiece or a copyist; you will gain the credibility by grabbing the reader with own ideas and words.

The well-crafted thesis statement reflects the well-crafted ideas. It signals the writer who has intelligence, commitment as well as enthusiasm.

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