You have recently been elected to the position of Treasurer for your daughter’s regional netball club. The committee informs you that as they do not aim to make a profit there is no need to prepare a budget for the forthcoming year. The committee is currently trying to decide what fund raising activities they should undertake this year. You think that budgeting could help the netball club with these types of decisions. What points would you make to the other committee members to change their view?