First, briefly remind us about your future career path. $(1$ sentence$)($financial advisor$)$

Imagine you are creating a first$-$year budget for your business. Answer the following questions about the budgeting process from start to finish. $($Remember that this is the first year, so you do not have prior year information.$)$

Where would you begin the process? What type of research would you do$?$ Who would you include$/$consult in the development process and why? $(2+$ sentences$)$

Which budget$($s$)$ would be the largest or most important and why? $(1+$ sentences$)$

Which items would be most challenging to calculate$/$forecast and why? $(1+$ sentences$)$

What is a consideration specific to your particular business$/$industry that you would need to take into account $($could be something in the overall budgeting process or something related to developing one particular budget$)?(1+$ sentences$)$

How would you use the budgeted information? What purpose$($s$)$ would it serve, and which purposes would be most valuable to you? Be as specific as possible. $(2+$ sentences$)$