Budget check list
Preparation
Expenses
Income
- Estimate the projected sales for the upcoming budget period
- Consider historical sales data, market trends, and any upcoming promotions or events
- Identify any other sources of revenue besides sales
- Include income from services, rentals, investments, or other business activities
- Calculate the total income from salaries or wages
- Include any bonuses, overtime pay, or other compensation
- Determine the income earned from investments
- Include dividends, interest, capital gains, or any other investment returns
- Include any income from renting out property or equipment
- Calculate the total rental income for the budget period
- Calculate the income earned from freelance work or side projects
- Include any additional sources of income outside of a regular job
- Include any income received from social security or government benefits
- Calculate the total amount of benefits for the budget period
- Include any income received from child support or alimony payments
- Calculate the total amount of support or alimony for the budget period
- Consider any unexpected income from gifts or windfalls
- Include any one-time payments or unexpected sources of income
- Calculate any income received from bonuses or commissions
- Include any additional compensation earned through performance incentives
- Include any income received from grants or scholarships
- Calculate the total amount of grant or scholarship income for the budget period
- Calculate any income earned from royalties or licensing fees
- Include any payments received for the use of intellectual property
Use in Manifestly